Oak Woods Acquisition Co. (NASDAQ:OAKUW) Sees Significant Decline in Short Interest

Oak Woods Acquisition Co. (NASDAQ:OAKUW) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 19,800 shares, a drop of 23.6% from the October 15th total of 25,900 shares. Based on an average daily volume of 5,500 shares, the days-to-cover ratio is currently 3.6 days.

Oak Woods Acquisition Price Performance

Oak Woods Acquisition stock remained flat at $0.03 during mid-day trading on Friday. The stock’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.03. Oak Woods Acquisition has a 52 week low of $0.02 and a 52 week high of $0.05.

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.