Oxbridge Acquisition Corp. (NASDAQ:OXACU – Get Rating) shares were up 2.8% during trading on Wednesday . The company traded as high as $10.38 and last traded at $10.38. Approximately 6,400 shares changed hands during trading, an increase of 409% from the average daily volume of 1,258 shares. The stock had previously closed at $10.10.

Oxbridge Acquisition Stock Up 2.8 %

The company has a 50 day moving average price of $10.20 and a 200-day moving average price of $10.11.

Institutional Trading of Oxbridge Acquisition

A hedge fund recently raised its stake in Oxbridge Acquisition stock. Walleye Capital LLC grew its stake in shares of Oxbridge Acquisition Corp. (NASDAQ:OXACU – Get Rating) by 4.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,967 shares of the company's stock after purchasing an additional 1,195 shares during the period. Walleye Capital LLC's holdings in Oxbridge Acquisition were worth $293,000 as of its most recent SEC filing.

About Oxbridge Acquisition

Oxbridge Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Georgetown, Cayman Islands.

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