Live Oak Acquisition VI (NASDAQ:LOVIU – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,429 shares. Based on an average daily trading volume, of 831,712 shares, the short-interest ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Live Oak Acquisition VI to a “hold” rating in a report on Saturday, September 26th.
Get Our Latest Research Report on Live Oak Acquisition VI
Live Oak Acquisition VI Stock Performance
LOVIU stock traded down $0.01 during midday trading on Friday, hitting $9.99. The company’s stock had a trading volume of 40 shares, compared to its average volume of 343,912. Live Oak Acquisition VI has a 12 month low of $9.96 and a 12 month high of $10.48.
About Live Oak Acquisition VI
Live Oak Acquisition VI is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. Its activities are focused on evaluating potential merger, acquisition or similar transactions rather than conducting an ongoing commercial business of its own.
The company does not manufacture products or provide services to customers. Instead, it raises capital through a public offering and holds those funds while its management team searches for a suitable target.
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