AQR Arbitrage LLC Sells 139,334 Shares of Oak Woods Acquisition Corporation $OAKU

Key Points

• AQR Arbitrage LLC has reduced its stake in Oak Woods Acquisition Corporation by 47.6%, selling 139,334 shares and retaining 153,269 shares, valued at approximately $1,776,000.
• Other institutional investors have shown interest, with notable new positions from BCK Capital Management LP, Tabor Asset Management LP, and Toronto Dominion Bank, contributing to 63.01% institutional ownership of the company.
• As of Wednesday, OAKU stock opened at $11.97, with a fifty-two week trading range between $10.97 and $11.97.

AQR Arbitrage LLC lowered its position in Oak Woods Acquisition Corporation (NASDAQ:OAKU - Free Report) by 47.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 153,269 shares of the company's stock after selling 139,334 shares during the period. AQR Arbitrage LLC owned 2.54% of Oak Woods Acquisition worth $1,776,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. BCK Capital Management LP bought a new position in shares of Oak Woods Acquisition in the fourth quarter valued at approximately $421,000. Tabor Asset Management LP bought a new position in shares of Oak Woods Acquisition in the first quarter valued at approximately $1,402,000. Finally, Toronto Dominion Bank bought a new position in shares of Oak Woods Acquisition in the fourth quarter valued at approximately $1,574,000. Institutional investors own 63.01% of the company's stock.

Oak Woods Acquisition Stock Performance

OAKU stock opened at $11.97 on Wednesday. The company has a 50 day moving average price of $11.88 and a 200 day moving average price of $11.77. Oak Woods Acquisition Corporation has a fifty-two week low of $10.97 and a fifty-two week high of $11.97.

About Oak Woods Acquisition

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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