Acquisition of Oxbridge (NASDAQ:OXACU) Share price down 0.8%

Oxbridge Acquisition Corp. (NASDAQ:OXACU – Get Rating) fell 0.8% in Thursday’s session. The company traded as low as $10.04 and last traded at $10.04. 100 shares changed hands during trading, a 90% decline from the average session volume of 1,020 shares. The stock had previously closed at $10.12.

The company’s 50-day moving average price is $10.12 and its two-hundred-day moving average price is $10.20.

A hedge fund recently increased its stake in shares of Oxbridge Acquisition. Walleye Capital LLC has increased its stake in Oxbridge Acquisition Corp. (NASDAQ: OXACU – Get Rating) by 4.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor held 28,967 shares of the company after acquiring an additional 1,195 shares during the quarter. Walleye Capital LLC’s holdings in Oxbridge Acquisition were worth $293,000 when it last filed with the SEC.

Oxbridge Acquisition Company Profile (NASDAQ:OXACU)

Oxbridge Acquisition Corp. has no significant activities. It intends to effect a merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Georgetown, Cayman Islands.

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