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Oxus Acquisition Corp. (NASDAQ:OXUS) Sees Significant Decrease in Short Interest

Defense World ·  Sep 15, 2022 02:31

Oxus Acquisition Corp. (NASDAQ:OXUS – Get Rating) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, a decrease of 99.3% from the August 15th total of 42,200 shares. Based on an average daily trading volume, of 32,900 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Oxus Acquisition

Hedge funds have recently made changes to their positions in the company. Robinson Capital Management LLC acquired a new stake in Oxus Acquisition in the 2nd quarter valued at about $80,000. Dakota Wealth Management bought a new position in Oxus Acquisition during the 4th quarter worth approximately $148,000. Wellspring Financial Advisors LLC bought a new position in Oxus Acquisition during the 1st quarter worth approximately $158,000. Fifth Lane Capital LP bought a new position in Oxus Acquisition during the 4th quarter worth approximately $198,000. Finally, Landscape Capital Management L.L.C. bought a new position in Oxus Acquisition during the 1st quarter worth approximately $205,000. Institutional investors and hedge funds own 80.84% of the company's stock.

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Oxus Acquisition Price Performance

Shares of Oxus Acquisition stock opened at $10.09 on Thursday. Oxus Acquisition has a fifty-two week low of $9.76 and a fifty-two week high of $10.66. The firm has a fifty day moving average price of $10.04 and a two-hundred day moving average price of $10.00.

About Oxus Acquisition

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Oxus Acquisition Corp. does not have significant operations. It intends to enter a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the energy transition technologies, such as battery materials, energy storage, electric vehicle infrastructure, and advanced recycling in emerging/frontier countries, including the Commonwealth of Independent States, South and South-East Asia, the Middle East, and North Africa regions.

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