Short Interest in Live Oak Acquisition Corp. V (NASDAQ:LOKVU) Rises By 2,500.0%

Live Oak Acquisition Corp. V (NASDAQ:LOKVU) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 208 shares, a growth of 2,500.0% from the December 31st total of 8 shares. Based on an average daily volume of 135 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 135 shares, the days-to-cover ratio is currently 1.5 days.

Hedge Funds Weigh In On Live Oak Acquisition Corp. V

An institutional investor recently bought a new position in Live Oak Acquisition Corp. V stock. Millennium Management LLC purchased a new stake in Live Oak Acquisition Corp. V (NASDAQ:LOKVU) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 800,000 shares of the company’s stock, valued at approximately $8,064,000.

Live Oak Acquisition Corp. V Stock Performance

Shares of NASDAQ:LOKVU traded up $0.19 during trading on Tuesday, reaching $10.99. The stock had a trading volume of 202 shares, compared to its average volume of 534. The business has a fifty day moving average price of $10.78 and a 200-day moving average price of $10.64. Live Oak Acquisition Corp. V has a fifty-two week low of $10.00 and a fifty-two week high of $11.75.

Live Oak Acquisition Corp. V Company Profile

Live Oak Acquisition Corp. V is a Delaware‐incorporated special purpose acquisition company (SPAC) backed by Live Oak Management Partners V, a privately held investment firm. As a blank‐check issuer, the company’s core mission is to identify and merge with one or more operating businesses, providing them with access to capital markets and strategic resources. Since its formation in 2021, Live Oak Acquisition Corp. V has been focused on sourcing acquisition opportunities that align with its sponsor’s proven track record of supporting growth‐oriented companies.

The company targets businesses in North America, with particular emphasis on technology‐enabled services such as financial technology, business process outsourcing and other high‐growth sectors.