Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 14,900 shares, an increase of 13.7% from the August 15th total of 13,100 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 71,700 shares, the days-to-cover ratio is currently 0.2 days.

Live Oak Mobility Acquisition Price Performance

Live Oak Mobility Acquisition stock traded down $0.06 during midday trading on Monday, hitting $9.80. The company's stock had a trading volume of 121 shares, compared to its average volume of 55,148. Live Oak Mobility Acquisition has a 12 month low of $9.67 and a 12 month high of $9.88. The stock's 50-day moving average price is $9.84 and its 200-day moving average price is $9.80.

Institutional Trading of Live Oak Mobility Acquisition

A number of large investors have recently added to or reduced their stakes in LOKM. Lynwood Capital Management Inc. lifted its position in shares of Live Oak Mobility Acquisition by 20.0% during the 2nd quarter. Lynwood Capital Management Inc. now owns 30,000 shares of the company's stock valued at $294,000 after acquiring an additional 5,000 shares during the last quarter. Verition Fund Management LLC increased its stake in Live Oak Mobility Acquisition by 2.4% in the 1st quarter. Verition Fund Management LLC now owns 264,656 shares of the company's stock worth $2,596,000 after purchasing an additional 6,290 shares in the last quarter. CSS LLC IL lifted its stake in Live Oak Mobility Acquisition by 8.5% during the second quarter. CSS LLC IL now owns 184,597 shares of the company's stock valued at $1,809,000 after buying an additional 14,503 shares in the last quarter. Icon Advisers Inc. Co. acquired a new position in shares of Live Oak Mobility Acquisition in the first quarter worth about $158,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of Live Oak Mobility Acquisition in the first quarter worth approximately $331,000. 70.71% of the stock is currently owned by institutional investors.

Live Oak Mobility Acquisition Company Profile

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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