Short Interest in Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) Declines By 87.3%

Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 382 shares, a drop of 87.3% from the May 31st total of 3,014 shares. Based on an average daily trading volume, of 1,050 shares, the short-interest ratio is currently 0.4 days.

Aimei Health Technology Stock Performance

Shares of NASDAQ:AFJKU remained flat at $35.90 on Friday. 49 shares of the stock traded hands, compared to its average volume of 1,260. Aimei Health Technology has a 1-year low of $7.60 and a 1-year high of $80.00. The stock has a fifty day moving average price of $51.50 and a 200 day moving average price of $51.14.

Hedge Funds Weigh In On Aimei Health Technology

An institutional investor recently bought a new stake in Aimei Health Technology stock. Clear Street Group Inc. purchased a new position in shares of Aimei Health Technology Co., Ltd (NASDAQ:AFJKU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,293 shares of the company’s stock, valued at approximately $26,000.

About Aimei Health Technology

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors. Aimei Health Technology Co, Ltd was incorporated in 2023 and is based in New York, New York.