Crossingbridge Advisors LLC lessened its position in Oak Woods Acquisition Co. (NASDAQ:OAKU - Free Report) by 19.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 200,000 shares of the company's stock after selling 49,680 shares during the period. Oak Woods Acquisition makes up 0.7% of Crossingbridge Advisors LLC's investment portfolio, making the stock its 27th largest holding. Crossingbridge Advisors LLC owned 3.31% of Oak Woods Acquisition worth $2,270,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also made changes to their positions in OAKU. Spartan Fund Management Inc. purchased a new position in shares of Oak Woods Acquisition in the 4th quarter valued at about $37,000. Boothbay Fund Management LLC purchased a new position in Oak Woods Acquisition in the 4th quarter valued at approximately $285,000. SkyView Investment Advisors LLC purchased a new stake in Oak Woods Acquisition during the third quarter worth $445,000. Finally, Wolverine Asset Management LLC grew its holdings in Oak Woods Acquisition by 31.3% in the fourth quarter. Wolverine Asset Management LLC now owns 313,269 shares of the company's stock valued at $3,556,000 after purchasing an additional 74,618 shares during the last quarter. Hedge funds and other institutional investors own 63.01% of the company's stock.
Oak Woods Acquisition Stock Performance
NASDAQ:OAKU traded up $0.07 during mid-day trading on Thursday, hitting $11.76. 6,153 shares of the company's stock traded hands, compared to its average volume of 30,710. The firm's 50 day simple moving average is $11.66 and its 200 day simple moving average is $11.46. Oak Woods Acquisition Co. has a 1 year low of $10.75 and a 1 year high of $11.78.
Oak Woods Acquisition Company Profile
(
Free Report)
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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