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

Oak Woods Acquisition Co. (NASDAQ:OAKUW) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 15,800 shares, a growth of 58.0% from the November 30th total of 10,000 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is presently 2.2 days.

Oak Woods Acquisition Stock Performance

OAKUW remained flat at $0.05 during midday trading on Monday. The firm’s fifty day moving average is $0.04 and its two-hundred day moving average is $0.03. Oak Woods Acquisition has a 12-month low of $0.02 and a 12-month high of $0.07.

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.