Short Interest in Aimei Health Technology Co., Ltd (NASDAQ:AFJK) Drops By 56.5%

Aimei Health Technology Co., Ltd (NASDAQ:AFJK - Get Free Report) saw a significant drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,000 shares, a drop of 56.5% from the October 31st total of 2,300 shares. Based on an average daily trading volume, of 34,200 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in shares of Aimei Health Technology during the first quarter valued at approximately $190,000. Wolverine Asset Management LLC raised its stake in Aimei Health Technology by 8.9% during the 2nd quarter. Wolverine Asset Management LLC now owns 496,196 shares of the company's stock valued at $5,136,000 after acquiring an additional 40,598 shares in the last quarter. Clear Street LLC bought a new stake in Aimei Health Technology during the 2nd quarter valued at $575,000. Glazer Capital LLC boosted its position in Aimei Health Technology by 7.2% during the 2nd quarter. Glazer Capital LLC now owns 588,774 shares of the company's stock worth $6,094,000 after acquiring an additional 39,714 shares during the period. Finally, Shaolin Capital Management LLC grew its stake in shares of Aimei Health Technology by 33.3% in the second quarter. Shaolin Capital Management LLC now owns 400,000 shares of the company's stock worth $4,140,000 after purchasing an additional 100,000 shares in the last quarter. 45.58% of the stock is owned by institutional investors and hedge funds.

Aimei Health Technology Stock Performance

Shares of Aimei Health Technology stock remained flat at $10.60 during trading on Thursday. 1,101 shares of the stock traded hands, compared to its average volume of 53,993. Aimei Health Technology has a fifty-two week low of $10.15 and a fifty-two week high of $10.69. The company has a 50 day moving average of $10.54 and a two-hundred day moving average of $10.44.

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.