Live Oak Acquisition Corp. V (NASDAQ:TMS – Get Free Report) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 7,520 shares, a drop of 58.1% from the June 15th total of 17,927 shares. Based on an average daily volume of 43,827 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.
Live Oak Acquisition Corp. V Stock Down 1.2%
Shares of Live Oak Acquisition Corp. V stock traded down $0.08 during trading on Wednesday, hitting $6.67. 257,244 shares of the stock were exchanged, compared to its average volume of 149,407. Live Oak Acquisition Corp. V has a 12-month low of $6.41 and a 12-month high of $13.20.
Live Oak Acquisition Corp. V Company Profile
Live Oak Acquisition Corp. V is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a special purpose acquisition company, it does not operate a traditional commercial business of its own and instead focuses on identifying and completing an acquisition transaction.
The company was organized to pursue opportunities across a broad range of industries and geographic markets, subject to the terms of its governing documents and applicable regulations.
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