Quarry LP Increases Stock Position in Oak Woods Acquisition Co. (NASDAQ:OAKU)

Quarry LP raised its stake in shares of Oak Woods Acquisition Co. (NASDAQ:OAKU - Free Report) by 100.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,900 shares of the company's stock after acquiring an additional 37,000 shares during the period. Quarry LP owned approximately 1.22% of Oak Woods Acquisition worth $839,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Spartan Fund Management Inc. acquired a new position in Oak Woods Acquisition during the 4th quarter worth about $37,000. Boothbay Fund Management LLC purchased a new stake in Oak Woods Acquisition during the fourth quarter worth about $285,000. SkyView Investment Advisors LLC acquired a new stake in shares of Oak Woods Acquisition during the third quarter worth about $445,000. Finally, Wolverine Asset Management LLC increased its stake in Oak Woods Acquisition by 31.3% during the 4th quarter. Wolverine Asset Management LLC now owns 313,269 shares of the company's stock worth $3,556,000 after buying an additional 74,618 shares during the period. Hedge funds and other institutional investors own 63.01% of the company's stock.

Oak Woods Acquisition Stock Up 5.6 %

Shares of NASDAQ OAKU traded up $0.66 during mid-day trading on Friday, hitting $12.35. The company had a trading volume of 6,153 shares, compared to its average volume of 30,547. The business's 50-day simple moving average is $11.67 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 $12.35.

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.