Short Interest in Aimei Health Technology Co., Ltd (NASDAQ:AFJK) Rises By 64.3%

Aimei Health Technology Co., Ltd (NASDAQ:AFJK) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,300 shares, a growth of 64.3% from the October 15th total of 1,400 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 16,700 shares, the short-interest ratio is currently 0.1 days.

Aimei Health Technology Price Performance

Shares of AFJK opened at $10.60 on Friday. The company’s 50-day simple moving average is $10.52 and its 200-day simple moving average is $10.42. Aimei Health Technology has a 1 year low of $10.15 and a 1 year high of $10.65.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in AFJK. Karpus Management Inc. purchased a new stake in shares of Aimei Health Technology in the 1st quarter valued at about $11,249,000. Glazer Capital LLC increased its position in Aimei Health Technology by 3.4% during the third quarter. Glazer Capital LLC now owns 608,670 shares of the company’s stock worth $6,379,000 after buying an additional 19,896 shares during the period. Wolverine Asset Management LLC lifted its stake in Aimei Health Technology by 8.6% in the third quarter. Wolverine Asset Management LLC now owns 539,039 shares of the company’s stock valued at $5,649,000 after buying an additional 42,843 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in shares of Aimei Health Technology by 60.7% in the third quarter. Mizuho Securities USA LLC now owns 442,778 shares of the company’s stock valued at $4,627,000 after acquiring an additional 167,223 shares during the period. Finally, Shaolin Capital Management LLC grew its position in shares of Aimei Health Technology by 33.3% during the second quarter. Shaolin Capital Management LLC now owns 400,000 shares of the company’s stock worth $4,140,000 after acquiring an additional 100,000 shares during the last quarter. Hedge funds and other institutional investors own 45.58% of the company’s stock.

Aimei Health Technology Company Profile

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors.