Wolverine Asset Management LLC Has $3.98 Million Stake in Oak Woods Acquisition Corporation $OAKU

Wolverine Asset Management LLC grew its holdings in Oak Woods Acquisition Corporation (NASDAQ:OAKU) by 8.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 336,511 shares of the company’s stock after purchasing an additional 27,237 shares during the period. Wolverine Asset Management LLC owned about 6.72% of Oak Woods Acquisition worth $3,981,000 as of its most recent SEC filing.

Separately, Tabor Asset Management LP acquired a new position in Oak Woods Acquisition in the first quarter worth approximately $1,402,000. 63.01% of the stock is currently owned by institutional investors and hedge funds.

Oak Woods Acquisition Stock Performance

NASDAQ:OAKU opened at $12.05 on Friday. The stock’s 50 day moving average price is $12.06 and its 200 day moving average price is $11.91. Oak Woods Acquisition Corporation has a 52 week low of $11.21 and a 52 week high of $13.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Oak Woods Acquisition in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Oak Woods Acquisition Profile

Oak Woods Acquisition Corporation does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses. The company intends to focus on businesses that operate in the public and private healthcare, medical services, and technology-enabled healthcare services sectors, as well as enterprise services, artificial intelligence, culture and media, computer and internet technologies, new consumer brands, blockchain, and other areas in the Asia-pacific region.