Verition Fund Management LLC boosted its position in Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) by 2.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 264,656 shares of the company's stock after buying an additional 6,290 shares during the quarter. Verition Fund Management LLC owned approximately 0.84% of Live Oak Mobility Acquisition worth $2,596,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of LOKM. 683 Capital Management LLC acquired a new position in Live Oak Mobility Acquisition in the 4th quarter valued at $977,000. Q Global Advisors LLC acquired a new position in Live Oak Mobility Acquisition in the 4th quarter valued at $879,000. Basso Capital Management L.P. acquired a new position in Live Oak Mobility Acquisition in the 1st quarter valued at $989,000. Flow Traders U.S. LLC acquired a new position in Live Oak Mobility Acquisition in the 1st quarter valued at $331,000. Finally, Hsbc Holdings PLC boosted its holdings in Live Oak Mobility Acquisition by 19.2% in the 1st quarter. Hsbc Holdings PLC now owns 236,081 shares of the company's stock valued at $2,307,000 after purchasing an additional 38,048 shares during the period. 70.71% of the stock is currently owned by institutional investors and hedge funds.

Live Oak Mobility Acquisition Price Performance

Shares of Live Oak Mobility Acquisition stock opened at $9.86 on Friday. Live Oak Mobility Acquisition Corp. has a fifty-two week low of $9.67 and a fifty-two week high of $9.88. The firm has a fifty day moving average price of $9.84 and a two-hundred day moving average price of $9.80.

About Live Oak Mobility Acquisition

Live Oak Mobility Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Memphis, Tennessee.

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