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Live Oak Mobility Acquisition (NYSE:LOKM) Stock Price Up 0.1%

Defense World ·  Jan 11, 2023 02:23

Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) shares were up 0.1% during trading on Tuesday . The stock traded as high as $10.07 and last traded at $10.07. Approximately 847 shares were traded during trading, a decline of 92% from the average daily volume of 10,741 shares. The stock had previously closed at $10.05.

Live Oak Mobility Acquisition Price Performance

The company has a fifty day simple moving average of $9.98 and a two-hundred day simple moving average of $9.89.

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Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Sanders Morris Harris LLC bought a new position in shares of Live Oak Mobility Acquisition during the third quarter valued at approximately $99,000. Icon Advisers Inc. Co. bought a new stake in Live Oak Mobility Acquisition during the 1st quarter valued at $158,000. Lynwood Capital Management Inc. increased its holdings in shares of Live Oak Mobility Acquisition by 20.0% in 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 period. Flow Traders U.S. LLC bought a new position in shares of Live Oak Mobility Acquisition in the 1st quarter worth $331,000. Finally, Basso Capital Management L.P. bought a new position in shares of Live Oak Mobility Acquisition in the 1st quarter worth $989,000. Hedge funds and other institutional investors own 72.02% of the company's stock.

Live Oak Mobility Acquisition Company Profile

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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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