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Aimei Health Technology (NASDAQ:AFJK) Trading Up 0.4% - Here's Why

Aimei Health Technology logo with Financial Services background

Aimei Health Technology Co., Ltd. (NASDAQ:AFJK - Get Free Report)'s share price rose 0.4% during trading on Friday . The company traded as high as $11.16 and last traded at $11.15. Approximately 50,048 shares were traded during trading, an increase of 48% from the average daily volume of 33,789 shares. The stock had previously closed at $11.10.

Aimei Health Technology Trading Up 0.4%

The business has a fifty day moving average of $11.12 and a 200 day moving average of $10.97.

Hedge Funds Weigh In On Aimei Health Technology

Hedge funds and other institutional investors have recently bought and sold shares of the company. Polar Asset Management Partners Inc. purchased a new position in shares of Aimei Health Technology in the 1st quarter valued at about $110,000. Harraden Circle Investments LLC purchased a new position in shares of Aimei Health Technology in the 4th quarter valued at about $1,117,000. Quarry LP purchased a new position in shares of Aimei Health Technology in the 4th quarter valued at about $1,605,000. Centiva Capital LP boosted its stake in shares of Aimei Health Technology by 1.4% in the 4th quarter. Centiva Capital LP now owns 232,693 shares of the company's stock valued at $2,460,000 after buying an additional 3,100 shares during the period. Finally, Berkley W R Corp purchased a new position in shares of Aimei Health Technology in the 4th quarter valued at about $4,750,000. 45.58% of the stock is currently owned by hedge funds and other institutional investors.

About Aimei Health Technology

(Get Free Report)

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.

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