Tabor Asset Management LP Invests $1.40 Million in Oak Woods Acquisition Corporation (NASDAQ:OAKU)

Tabor Asset Management LP purchased a new position in Oak Woods Acquisition Corporation (NASDAQ:OAKU - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 120,000 shares of the company's stock, valued at approximately $1,402,000. Tabor Asset Management LP owned approximately 1.99% of Oak Woods Acquisition at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Spartan Fund Management Inc. bought a new stake in shares of Oak Woods Acquisition during the 4th quarter valued at $37,000. Boothbay Fund Management LLC purchased a new position in shares of Oak Woods Acquisition in the 4th quarter worth $285,000. BCK Capital Management LP purchased a new position in shares of Oak Woods Acquisition in the 4th quarter worth $421,000. Quarry LP boosted its stake in Oak Woods Acquisition by 100.3% during the fourth quarter. Quarry LP now owns 73,900 shares of the company's stock worth $839,000 after buying an additional 37,000 shares during the period. Finally, Toronto Dominion Bank purchased a new position in Oak Woods Acquisition during the fourth quarter worth $1,574,000. Institutional investors own 63.01% of the company's stock.

Oak Woods Acquisition Stock Up 1.2%

NASDAQ OAKU traded up $0.15 on Monday, hitting $11.85. 62,020 shares of the stock were exchanged, compared to its average volume of 18,911. Oak Woods Acquisition Corporation has a 52-week low of $10.92 and a 52-week high of $11.97. The stock has a fifty day moving average price of $11.83 and a two-hundred day moving average price of $11.68.

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.