Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 25,200 shares, a growth of 447.8% from the June 30th total of 4,600 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 49,700 shares, the short-interest ratio is currently 0.5 days.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the stock. Toronto Dominion Bank increased its holdings in Live Oak Mobility Acquisition by 230.2% in the fourth quarter. Toronto Dominion Bank now owns 215,165 shares of the company's stock valued at $2,102,000 after purchasing an additional 150,000 shares during the period. Basso Capital Management L.P. acquired a new stake in Live Oak Mobility Acquisition in the first quarter valued at $989,000. 683 Capital Management LLC acquired a new stake in Live Oak Mobility Acquisition in the fourth quarter valued at $977,000. Q Global Advisors LLC acquired a new stake in Live Oak Mobility Acquisition in the fourth quarter valued at $879,000. Finally, Hsbc Holdings PLC increased its holdings in Live Oak Mobility Acquisition by 19.2% in the first 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. 55.53% of the stock is currently owned by institutional investors and hedge funds.
Get Live Oak Mobility Acquisition alerts:Live Oak Mobility Acquisition Trading Down 0.1 %
Shares of NYSE:LOKM opened at $9.83 on Friday. The company has a fifty day moving average of $9.80 and a 200-day moving average of $9.77. Live Oak Mobility Acquisition has a 52-week low of $9.56 and a 52-week high of $9.86.
Live Oak Mobility Acquisition Company Profile
(Get Rating)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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