Live Oak Acquisition Corp. V (NASDAQ:LOKVU – Get Free Report) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 208 shares, a growth of 2,500.0% from the December 31st total of 8 shares. Based on an average daily volume of 135 shares, the short-interest ratio is presently 1.5 days. Based on an average daily volume of 135 shares, the short-interest ratio is presently 1.5 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Live Oak Acquisition Corp. V stock. Clear Street Group Inc. bought a new stake in shares of Live Oak Acquisition Corp. V (NASDAQ:LOKVU – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,301 shares of the company’s stock, valued at approximately $118,000.
Live Oak Acquisition Corp. V Price Performance
Live Oak Acquisition Corp. V stock opened at $10.99 on Wednesday. Live Oak Acquisition Corp. V has a 52 week low of $10.00 and a 52 week high of $11.75. The company’s 50 day moving average price is $10.78 and its two-hundred day moving average price is $10.64.
Live Oak Acquisition Corp. V Company Profile
Live Oak Acquisition Corp. V is a Delaware‐incorporated special purpose acquisition company (SPAC) backed by Live Oak Management Partners V, a privately held investment firm. As a blank‐check issuer, the company’s core mission is to identify and merge with one or more operating businesses, providing them with access to capital markets and strategic resources. Since its formation in 2021, Live Oak Acquisition Corp. V has been focused on sourcing acquisition opportunities that align with its sponsor’s proven track record of supporting growth‐oriented companies.
The company targets businesses in North America, with particular emphasis on technology‐enabled services such as financial technology, business process outsourcing and other high‐growth sectors.
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