Oxus Acquisition (NASDAQ:OXUS) Stock Price Up 2.5%

Oxus Acquisition Corp. (NASDAQ:OXUS)’s stock price was up 2.5% during mid-day trading on Wednesday . The stock traded as high as $4.04 and last traded at $4.04. Approximately 533 shares changed hands during trading, a decline of 99% from the average daily volume of 38,372 shares. The stock had previously closed at $3.94.

Oxus Acquisition Trading Up 2.5 %

The company has a 50-day moving average of $7.31 and a 200-day moving average of $9.69. The company has a market capitalization of $26.51 million, a price-to-earnings ratio of -19.24 and a beta of 0.01.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Oxus Acquisition stock. Shaolin Capital Management LLC grew its position in Oxus Acquisition Corp. (NASDAQ:OXUS) by 200.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,000 shares of the company’s stock after purchasing an additional 350,000 shares during the period. Shaolin Capital Management LLC owned approximately 2.67% of Oxus Acquisition worth $1,932,000 at the end of the most recent quarter. 28.29% of the stock is currently owned by institutional investors and hedge funds.

Oxus Acquisition Company Profile

Oxus Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company intends to focus its search on targets 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.