Short Interest in Oak Woods Acquisition Co. (NASDAQ:OAKU) Declines By 85.7%

Oak Woods Acquisition Co. (NASDAQ:OAKU - Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decline of 85.7% from the September 30th total of 700 shares. Based on an average trading volume of 14,600 shares, the short-interest ratio is currently 0.0 days.

Oak Woods Acquisition Price Performance

Shares of OAKU remained flat at $11.17 during trading on Friday. The company's stock had a trading volume of 2 shares, compared to its average volume of 6,881. Oak Woods Acquisition has a one year low of $10.45 and a one year high of $11.22. The business's fifty day moving average price is $11.07 and its two-hundred day moving average price is $10.92.

Insider Buying and Selling

In related news, major shareholder Mizuho Securities Usa Llc sold 74,000 shares of the business's stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $11.18, for a total transaction of $827,320.00. Following the transaction, the insider now directly owns 413,394 shares of the company's stock, valued at approximately $4,621,744.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Oak Woods Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in the company. Berkley W R Corp raised its position in shares of Oak Woods Acquisition by 61.3% during the 1st quarter. Berkley W R Corp now owns 467,580 shares of the company's stock valued at $5,012,000 after acquiring an additional 177,712 shares in the last quarter. Shaolin Capital Management LLC raised its position in shares of Oak Woods Acquisition by 113.7% during the 2nd quarter. Shaolin Capital Management LLC now owns 350,000 shares of the company's stock valued at $3,808,000 after acquiring an additional 186,200 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of Oak Woods Acquisition by 15.3% during the 2nd quarter. Wolverine Asset Management LLC now owns 218,659 shares of the company's stock valued at $2,379,000 after acquiring an additional 29,000 shares in the last quarter. Mizuho Securities USA LLC raised its position in shares of Oak Woods Acquisition by 383.8% during the 1st quarter. Mizuho Securities USA LLC now owns 182,800 shares of the company's stock valued at $1,956,000 after acquiring an additional 145,013 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of Oak Woods Acquisition during the 2nd quarter valued at approximately $401,000. 63.01% of the stock is owned by institutional investors and hedge funds.

Oak Woods Acquisition Company Profile

Oak Woods Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses. The company intends to focus on businesses that operate in the public and private healthcare, medical services, and technology-enabled healthcare services sectors, as well as enterprise services, artificial intelligence, culture and media, computer and internet technologies, new consumer brands, blockchain, and other areas in the Asia-pacific region.

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