Polar Asset Management Partners Inc. Cuts Stock Holdings in Oak Woods Acquisition Co. (NASDAQ:OAKU)

Polar Asset Management Partners Inc. reduced its holdings in shares of Oak Woods Acquisition Co. (NASDAQ:OAKU - Free Report) by 44.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,000 shares of the company's stock after selling 60,000 shares during the period. Polar Asset Management Partners Inc. owned 1.24% of Oak Woods Acquisition worth $851,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Spartan Fund Management Inc. bought a new position in Oak Woods Acquisition during the fourth quarter worth $37,000. Boothbay Fund Management LLC acquired a new position in shares of Oak Woods Acquisition during the fourth quarter valued at about $285,000. BCK Capital Management LP acquired a new position in shares of Oak Woods Acquisition during the fourth quarter valued at about $421,000. Quarry LP boosted its position in shares of Oak Woods Acquisition by 100.3% during the 4th quarter. Quarry LP now owns 73,900 shares of the company's stock worth $839,000 after purchasing an additional 37,000 shares in the last quarter. Finally, Toronto Dominion Bank bought a new position in shares of Oak Woods Acquisition during the 4th quarter worth about $1,574,000. 63.01% of the stock is owned by institutional investors.

Oak Woods Acquisition Stock Performance

Shares of OAKU traded up $0.11 during trading hours on Thursday, hitting $11.81. The stock had a trading volume of 1,540 shares, compared to its average volume of 30,739. Oak Woods Acquisition Co. has a 1-year low of $10.78 and a 1-year high of $12.01. The firm has a 50 day simple moving average of $11.77 and a 200-day simple moving average of $11.55.

Oak Woods Acquisition Company 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.