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Oxbridge Acquisition Corp. (NASDAQ:OXACW) Short Interest Up 1,300.0% in August

Financial News Live ·  Aug 27, 2022 22:41

Oxbridge Acquisition Corp. (NASDAQ:OXACW – Get Rating) saw a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 1,400 shares, a growth of 1,300.0% from the July 31st total of 100 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Oxbridge Acquisition stock. Ramius Advisors LLC purchased a new stake in shares of Oxbridge Acquisition Corp. (NASDAQ:OXACW – Get Rating) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 434,967 shares of the company's stock, valued at approximately $47,000.

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Oxbridge Acquisition Stock Performance

OXACW stock traded up $0.01 during trading on Friday, hitting $0.05. 1,800 shares of the company traded hands, compared to its average volume of 11,069. Oxbridge Acquisition has a 1 year low of $0.04 and a 1 year high of $0.62.

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