Oxley Bridge Acquisition (NASDAQ:OBAWU) Trading Down 0.5% – Here’s Why

Oxley Bridge Acquisition Ltd (NASDAQ:OBAWU) shares traded down 0.5% during trading on Thursday . The stock traded as low as $10.22 and last traded at $10.22. 400 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 72,436 shares. The stock had previously closed at $10.27.

Oxley Bridge Acquisition Price Performance

The business has a 50 day moving average of $10.22.

Institutional Trading of Oxley Bridge Acquisition

A number of institutional investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC lifted its holdings 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 acquiring an additional 3,817 shares during the last quarter. Calamos Advisors LLC purchased a new stake in Oxley Bridge Acquisition in the 2nd quarter worth about $247,000. Tuttle Capital Management LLC bought a new stake in Oxley Bridge Acquisition in the second quarter worth about $300,000. Timelo Investment Management Inc. bought a new stake in Oxley Bridge Acquisition in the second quarter worth about $500,000. Finally, BCK Capital Management LP purchased a new position in shares of Oxley Bridge Acquisition during the second quarter valued at approximately $538,000.

Oxley Bridge Acquisition Company Profile

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.