Oxley Bridge Acquisition Ltd (NASDAQ:OBAWU – Get Free Report) dropped 0.5% on Thursday . The stock traded as low as $10.22 and last traded at $10.22. Approximately 400 shares were traded during trading, a decline of 99% from the average daily volume of 72,436 shares. The stock had previously closed at $10.27.
Oxley Bridge Acquisition Price Performance
The firm has a fifty day simple moving average of $10.22.
Institutional Investors Weigh In On Oxley Bridge Acquisition
Hedge funds and other institutional investors have recently made changes to their positions in the business. FNY Investment Advisers LLC lifted its stake in shares of Oxley Bridge Acquisition by 3,817.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 3,917 shares of the company’s stock worth $39,000 after purchasing an additional 3,817 shares during the period. Calamos Advisors LLC purchased a new stake in Oxley Bridge Acquisition during the second quarter valued at approximately $247,000. Tuttle Capital Management LLC bought a new position in Oxley Bridge Acquisition in the second quarter worth approximately $300,000. Timelo Investment Management Inc. bought a new position in Oxley Bridge Acquisition in the second quarter worth approximately $500,000. Finally, BCK Capital Management LP purchased a new position in shares of Oxley Bridge Acquisition during the 2nd quarter worth $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.
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