Oxus Acquisition Corp. (NASDAQ:OXUS – Get Rating) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 3,800 shares, a decrease of 17.4% from the March 31st total of 4,600 shares. Based on an average trading volume of 40,700 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
NASDAQ:OXUS opened at $10.03 on Wednesday. The firm’s fifty day moving average is $9.98. Oxus Acquisition has a fifty-two week low of $9.76 and a fifty-two week high of $10.16.
A number of large investors have recently added to or reduced their stakes in OXUS. Cambridge Investment Research Advisors Inc. purchased a new stake in Oxus Acquisition during the 4th quarter valued at $122,000. Bank of America Corp DE purchased a new stake in Oxus Acquisition in the fourth quarter worth $4,857,000. Wolverine Asset Management LLC purchased a new stake in Oxus Acquisition in the fourth quarter worth $1,602,000. Citigroup Inc. purchased a new stake in Oxus Acquisition in the fourth quarter worth $1,706,000. Finally, Dakota Wealth Management purchased a new stake in Oxus Acquisition in the fourth quarter worth $148,000.
Oxus Acquisition Corp. does not have significant operations. It intends to enter into 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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