Mizuho Securities USA LLC Decreases Stock Position in Aimei Health Technology Co., Ltd. (NASDAQ:AFJK)

Key Points

• Mizuho Securities USA LLC reduced its stake in Aimei Health Technology by 38.7%, selling 347,220 shares and retaining 550,000 shares, which represent approximately 8.98% ownership valued at $6,022,000.
• Other institutional investors have shown interest, with companies such as Harraden Circle Investments LLC and Quarry LP acquiring new positions in the past fourth quarter.
• Aimei Health Technology is currently trading at $11.20, with a 1-year low of $10.24 and a 1-year high of $11.30, indicating relatively stable price performance.

Mizuho Securities USA LLC cut its holdings in Aimei Health Technology Co., Ltd. (NASDAQ:AFJK - Free Report) by 38.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 550,000 shares of the company's stock after selling 347,220 shares during the quarter. Mizuho Securities USA LLC owned approximately 8.98% of Aimei Health Technology worth $6,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the business. Harraden Circle Investments LLC bought a new stake in Aimei Health Technology during the 4th quarter valued at approximately $1,117,000. Berkley W R Corp bought a new stake in Aimei Health Technology during the 4th quarter valued at approximately $4,750,000. Quarry LP bought a new stake in Aimei Health Technology during the 4th quarter valued at approximately $1,605,000. Finally, Centiva Capital LP boosted its position in Aimei Health Technology by 1.4% during the 4th quarter. Centiva Capital LP now owns 232,693 shares of the company's stock valued at $2,460,000 after acquiring an additional 3,100 shares in the last quarter. 45.58% of the stock is owned by institutional investors.

Aimei Health Technology Stock Performance

Aimei Health Technology stock remained flat at $11.17 during trading hours on Thursday. The company's stock had a trading volume of 200 shares, compared to its average volume of 1,659. The business's 50 day moving average price is $11.16 and its 200-day moving average price is $11.04. Aimei Health Technology Co., Ltd. has a fifty-two week low of $10.24 and a fifty-two week high of $11.30.

Aimei Health Technology (NASDAQ:AFJK - Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported $0.07 earnings per share (EPS) for the quarter.

Aimei Health Technology Company Profile

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.