Polar Asset Management Partners Inc. Sells 60,000 Shares of Oak Woods Acquisition Co. (NASDAQ:OAKU)

Polar Asset Management Partners Inc. lowered its position in Oak Woods Acquisition Co. (NASDAQ:OAKU - Free Report) by 44.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 75,000 shares of the company's stock after selling 60,000 shares during the quarter. Polar Asset Management Partners Inc. owned about 1.24% of Oak Woods Acquisition worth $851,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Toronto Dominion Bank purchased a new stake in Oak Woods Acquisition in the 4th quarter worth about $1,574,000. BCK Capital Management LP purchased a new stake in Oak Woods Acquisition in the 4th quarter worth about $421,000. Quarry LP increased its holdings in Oak Woods Acquisition by 100.3% in the 4th quarter. Quarry LP now owns 73,900 shares of the company's stock worth $839,000 after acquiring an additional 37,000 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in Oak Woods Acquisition in the 4th quarter worth about $285,000. Finally, Spartan Fund Management Inc. purchased a new stake in Oak Woods Acquisition in the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 63.01% of the company's stock.

Oak Woods Acquisition Trading Up 1.6%

OAKU traded up $0.19 during trading hours on Friday, hitting $11.89. The stock had a trading volume of 1,540 shares, compared to its average volume of 31,307. Oak Woods Acquisition Co. has a 1 year low of $10.78 and a 1 year high of $11.75. The company's fifty day simple moving average is $11.78 and its 200 day simple moving average is $11.56.

Oak Woods Acquisition 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.