Oxley Bridge Acquisition (NASDAQ:OBAWU) Trading 1% Higher – Should You Buy?

Oxley Bridge Acquisition Ltd (NASDAQ:OBAWU) shares traded up 1% during mid-day trading on Friday . The stock traded as high as $10.28 and last traded at $10.28. 100 shares were traded during mid-day trading, a decline of 91% from the average session volume of 1,100 shares. The stock had previously closed at $10.18.

Oxley Bridge Acquisition Stock Performance

The company’s 50 day simple moving average is $10.23 and its two-hundred day simple moving average is $10.13.

Institutional Trading of Oxley Bridge Acquisition

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OBAWU. FNY Investment Advisers LLC grew its stake in shares of Oxley Bridge Acquisition by 3,817.0% in the third quarter. FNY Investment Advisers LLC now owns 3,917 shares of the company’s stock valued at $39,000 after buying an additional 3,817 shares in the last quarter. Calamos Advisors LLC purchased a new position in Oxley Bridge Acquisition during the 2nd quarter valued at about $247,000. Tuttle Capital Management LLC acquired a new position in Oxley Bridge Acquisition in the 2nd quarter valued at about $300,000. Timelo Investment Management Inc. purchased a new stake in Oxley Bridge Acquisition during the second quarter worth about $500,000. Finally, BCK Capital Management LP purchased a new stake in Oxley Bridge Acquisition during the second quarter worth about $538,000.

About Oxley Bridge Acquisition

We are a blank check company incorporated on August 6, 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.