Oak Woods Acquisition Co. (NASDAQ:OAKUR – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 13,200 shares, a growth of 30.7% from the May 31st total of 10,100 shares. Based on an average daily trading volume, of 6,300 shares, the short-interest ratio is presently 2.1 days.
Oak Woods Acquisition Stock Down 28.4 %
Shares of OAKUR traded down $0.07 during mid-day trading on Monday, reaching $0.18. 538 shares of the stock traded hands, compared to its average volume of 9,444. The firm has a fifty day moving average price of $0.18 and a 200 day moving average price of $0.16. Oak Woods Acquisition has a 1 year low of $0.01 and a 1 year high of $0.42.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Oak Woods Acquisition stock. Shaolin Capital Management LLC boosted its holdings in Oak Woods Acquisition Co. (NASDAQ:OAKUR – Free Report) by 200.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 110,000 shares of the company’s stock after purchasing an additional 220,000 shares during the period. Shaolin Capital Management LLC’s holdings in Oak Woods Acquisition were worth $28,000 at the end of the most recent reporting period.
About Oak Woods Acquisition
Oak Woods Acquisition Corporation focuses on entering into a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to focus on businesses that have their primary operations in technology-enabled healthcare services industry located in the Asia-pacific region.
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