Shares of Live Oak Mobility Acquisition Corp. (NYSE:LOKM – Get Rating) were up 0.1% on Monday . The company traded as high as $9.96 and last traded at $9.94. Approximately 307,495 shares changed hands during trading, an increase of 388% from the average daily volume of 62,978 shares. The stock had previously closed at $9.93.
Live Oak Mobility Acquisition Trading Up 0.1 %
The stock has a 50 day moving average price of $9.88 and a two-hundred day moving average price of $9.83.
Institutional Investors Weigh In On Live Oak Mobility Acquisition
A number of large investors have recently modified their holdings of the business. Sanders Morris Harris LLC purchased a new stake in Live Oak Mobility Acquisition in the third quarter valued at approximately $99,000. Icon Advisers Inc. Co. acquired a new position in Live Oak Mobility Acquisition in the first quarter valued at approximately $158,000. Lynwood Capital Management Inc. lifted its holdings in Live Oak Mobility Acquisition by 20.0% in the second 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 acquired a new position in Live Oak Mobility Acquisition in the first quarter valued at approximately $331,000. Finally, Basso Capital Management L.P. acquired a new position in Live Oak Mobility Acquisition in the first quarter valued at approximately $989,000. Hedge funds and other institutional investors own 70.71% of the company’s stock.
Live Oak Mobility Acquisition Company Profile
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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