Oak Woods Acquisition Corporation (NASDAQ:OAKU) Short Interest Update

Oak Woods Acquisition Corporation (NASDAQ:OAKU) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 119 shares, a growth of 147.9% from the December 15th total of 48 shares. Based on an average daily volume of 2,314 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,314 shares, the short-interest ratio is presently 0.1 days.

Oak Woods Acquisition Stock Performance

Oak Woods Acquisition stock traded up $0.02 during mid-day trading on Thursday, hitting $12.22. 59,714 shares of the company were exchanged, compared to its average volume of 8,659. Oak Woods Acquisition has a 1-year low of $11.28 and a 1-year high of $13.00. The business has a fifty day moving average of $12.17 and a 200 day moving average of $12.05.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised Oak Woods Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, January 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Oak Woods Acquisition presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Oak Woods Acquisition

Several institutional investors have recently modified their holdings of the stock. Wolverine Asset Management LLC increased its position in shares of Oak Woods Acquisition by 8.8% in the 2nd quarter. Wolverine Asset Management LLC now owns 336,511 shares of the company’s stock valued at $3,981,000 after buying an additional 27,237 shares in the last quarter. Crossingbridge Advisors LLC increased its holdings in shares of Oak Woods Acquisition by 7,223.7% in the third quarter. Crossingbridge Advisors LLC now owns 112,638 shares of the company’s stock worth $1,356,000 after acquiring an additional 111,100 shares in the last quarter. Warberg Asset Management LLC raised its position in shares of Oak Woods Acquisition by 3.8% during the second quarter. Warberg Asset Management LLC now owns 41,426 shares of the company’s stock worth $485,000 after purchasing an additional 1,514 shares during the period. Clear Street Group Inc. bought a new position in shares of Oak Woods Acquisition during the 3rd quarter valued at about $176,000. Finally, Clear Street LLC grew its position in shares of Oak Woods Acquisition by 118.2% in the 2nd quarter. Clear Street LLC now owns 5,818 shares of the company’s stock valued at $68,000 after purchasing an additional 3,152 shares during the period. 63.01% of the stock is currently owned by institutional investors and hedge funds.

About Oak Woods Acquisition

Oak Woods Acquisition Corp. (NASDAQ: OAKU) is a special purpose acquisition company incorporated in Delaware. Established in 2021 through an initial public offering on the Nasdaq, the company’s primary objective is to raise capital and effectuate a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Oak Woods Acquisition focuses on identifying targets in digital infrastructure, next-generation computing and data-driven markets.