Oak Woods Acquisition Co. (NASDAQ:OAKUW) Sees Large Decrease in Short Interest

Oak Woods Acquisition Co. (NASDAQ:OAKUW) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 12,500 shares, a drop of 19.4% from the December 31st total of 15,500 shares. Based on an average trading volume of 9,200 shares, the short-interest ratio is presently 1.4 days.

Oak Woods Acquisition Price Performance

NASDAQ OAKUW traded down $0.01 during mid-day trading on Monday, reaching $0.05. 9,361 shares of the company’s stock traded hands, compared to its average volume of 4,851. Oak Woods Acquisition has a 1-year low of $0.02 and a 1-year high of $0.07. The company has a fifty day simple moving average of $0.05 and a 200-day simple moving average of $0.04.

About Oak Woods Acquisition

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.