Warberg Asset Management LLC Invests $403,000 in Oxbridge Acquisition Corp. (NASDAQ:OXAC)

Warberg Asset Management LLC bought a new stake in shares of Oxbridge Acquisition Corp. (NASDAQ:OXAC – Get Rating) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 40,000 shares of the company’s stock, valued at approximately $403,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Millennium Management LLC lifted its stake in Oxbridge Acquisition by 292.2% during the second quarter. Millennium Management LLC now owns 505,145 shares of the company’s stock valued at $5,062,000 after purchasing an additional 376,344 shares during the last quarter. Saba Capital Management L.P. lifted its stake in Oxbridge Acquisition by 13.5% during the first quarter. Saba Capital Management L.P. now owns 275,998 shares of the company’s stock valued at $2,760,000 after purchasing an additional 32,898 shares during the last quarter. Landscape Capital Management L.L.C. acquired a new stake in Oxbridge Acquisition during the third quarter valued at approximately $1,571,000. Wolverine Asset Management LLC lifted its position in shares of Oxbridge Acquisition by 796.1% in the 2nd quarter. Wolverine Asset Management LLC now owns 38,542 shares of the company’s stock valued at $386,000 after acquiring an additional 34,241 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of Oxbridge Acquisition in the 2nd quarter valued at approximately $343,000. 67.76% of the stock is owned by institutional investors and hedge funds.

Oxbridge Acquisition Stock Performance

Shares of NASDAQ:OXAC opened at $10.57 on Wednesday. Oxbridge Acquisition Corp. has a 52 week low of $9.89 and a 52 week high of $11.04. The firm has a 50 day simple moving average of $10.40 and a 200 day simple moving average of $10.21.

Oxbridge Acquisition (NASDAQ:OXAC – Get Rating) last issued its quarterly earnings results on Monday, November 14th. The company reported ($0.05) EPS for the quarter.

Oxbridge Acquisition Company Profile

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Oxbridge Acquisition Corp. 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. The company was incorporated in 2021 and is based in Georgetown, Cayman Islands.