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Oak Woods Acquisition (NASDAQ:OAKU) Stock Price Down 0.1% - Here's What Happened

Oak Woods Acquisition logo with Unclassified background

Oak Woods Acquisition Co. (NASDAQ:OAKU - Get Free Report)'s share price dropped 0.1% during mid-day trading on Tuesday . The company traded as low as $11.45 and last traded at $11.43. Approximately 378 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 19,737 shares. The stock had previously closed at $11.44.

Oak Woods Acquisition Price Performance

The stock has a 50-day simple moving average of $11.42 and a 200-day simple moving average of $11.24.

Institutional Trading of Oak Woods Acquisition

Hedge funds and other institutional investors have recently made changes to their positions in the company. Walleye Capital LLC bought a new stake in shares of Oak Woods Acquisition during the third quarter worth about $710,000. Wolverine Asset Management LLC grew its holdings in shares of Oak Woods Acquisition by 31.3% during the fourth quarter. Wolverine Asset Management LLC now owns 313,269 shares of the company's stock worth $3,556,000 after purchasing an additional 74,618 shares during the last quarter. Walleye Trading LLC bought a new stake in shares of Oak Woods Acquisition during the third quarter worth about $400,000. SkyView Investment Advisors LLC bought a new stake in shares of Oak Woods Acquisition during the third quarter worth about $445,000. Finally, Mizuho Securities USA LLC grew its holdings in shares of Oak Woods Acquisition by 151.0% during the third quarter. Mizuho Securities USA LLC now owns 487,212 shares of the company's stock worth $5,393,000 after purchasing an additional 293,106 shares during the last quarter. 63.01% of the stock is currently owned by institutional investors.

About Oak Woods Acquisition

(Get Free Report)

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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