Oak Woods Acquisition Co. (NASDAQ:OAKUW) Sees Significant Decline in Short Interest

Oak Woods Acquisition Co. (NASDAQ:OAKUW) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 2,100 shares, a drop of 22.2% from the February 28th total of 2,700 shares. Based on an average daily volume of 12,100 shares, the days-to-cover ratio is currently 0.2 days.

Oak Woods Acquisition Stock Down 18.6 %

OAKUW traded down $0.01 during midday trading on Wednesday, hitting $0.04. The company’s stock had a trading volume of 500 shares, compared to its average volume of 12,231. Oak Woods Acquisition has a 52-week low of $0.02 and a 52-week high of $0.15. The firm has a 50-day moving average price of $0.04 and a two-hundred day moving average price of $0.04.

Oak Woods Acquisition Company Profile

Oak Woods Acquisition Corporation focuses on entering into a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses. It intends to focus on businesses that have their primary operations in technology-enabled healthcare services industry located in the Asia-pacific region.