Oak Woods Acquisition Corporation (NASDAQ:OAKU) Short Interest Up 45.0% in February

Oak Woods Acquisition Corporation (NASDAQ:OAKU) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 29 shares, a growth of 45.0% from the January 29th total of 20 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,098 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 1,098 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Oak Woods Acquisition

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

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Oak Woods Acquisition from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 9th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Oak Woods Acquisition Stock Up 2.4%

NASDAQ OAKU traded up $0.30 during trading on Monday, reaching $12.54. 4 shares of the company traded hands, compared to its average volume of 739. Oak Woods Acquisition has a 1-year low of $11.28 and a 1-year high of $13.00. The stock’s 50 day moving average price is $12.24 and its two-hundred day moving average price is $12.15.

Oak Woods Acquisition Company Profile

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.