Oxus Acquisition Corp. (NASDAQ:OXUS – Get Rating) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 700 shares, a decrease of 53.3% from the April 30th total of 1,500 shares. Based on an average trading volume of 13,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Trading of Oxus Acquisition
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Weiss Asset Management LP boosted its holdings in Oxus Acquisition by 0.5% in the third quarter. Weiss Asset Management LP now owns 501,165 shares of the company’s stock valued at $5,074,000 after acquiring an additional 2,700 shares during the last quarter. Bank of Montreal Can boosted its holdings in Oxus Acquisition by 21.8% in the fourth quarter. Bank of Montreal Can now owns 46,900 shares of the company’s stock valued at $485,000 after acquiring an additional 8,395 shares during the last quarter. Virtu Financial LLC bought a new stake in Oxus Acquisition in the third quarter valued at approximately $125,000. Susquehanna International Group LLP bought a new position in shares of Oxus Acquisition during the 1st quarter worth approximately $132,000. Finally, Dakota Wealth Management bought a new position in shares of Oxus Acquisition during the 1st quarter worth approximately $156,000. 84.85% of the stock is currently owned by institutional investors.
Oxus Acquisition Stock Performance
Shares of NASDAQ:OXUS traded up $0.01 during midday trading on Friday, hitting $10.65. 6,867 shares of the stock were exchanged, compared to its average volume of 38,429. The stock has a market capitalization of $69.86 million, a price-to-earnings ratio of -1,064.00 and a beta of 0.03. The business’s 50-day moving average price is $10.51 and its 200 day moving average price is $10.38. Oxus Acquisition has a 12 month low of $9.51 and a 12 month high of $10.82.
Oxus Acquisition Company Profile
Oxus Acquisition Corp. does not have significant operations. It intends to enter a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.
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