Aimei Health Technology (NASDAQ:AFJK) Stock Price Down 0.5% – Should You Sell?

Aimei Health Technology Co., Ltd (NASDAQ:AFJK)’s stock price fell 0.5% on Thursday . The company traded as low as $11.00 and last traded at $10.96. 301 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 33,230 shares. The stock had previously closed at $11.01.

Aimei Health Technology Price Performance

The stock has a 50-day moving average of $10.87 and a two-hundred day moving average of $10.67.

Institutional Trading of Aimei Health Technology

Several hedge funds and other institutional investors have recently bought and sold shares of AFJK. Mizuho Securities USA LLC lifted its position in Aimei Health Technology by 102.6% in the fourth quarter. Mizuho Securities USA LLC now owns 897,220 shares of the company’s stock valued at $9,421,000 after purchasing an additional 454,442 shares during the last quarter. Berkley W R Corp bought a new stake in Aimei Health Technology in the fourth quarter valued at approximately $4,750,000. Quarry LP bought a new stake in Aimei Health Technology in the fourth quarter valued at approximately $1,605,000. Wolverine Asset Management LLC lifted its position in Aimei Health Technology by 21.3% in the fourth quarter. Wolverine Asset Management LLC now owns 654,039 shares of the company’s stock valued at $6,998,000 after purchasing an additional 115,000 shares during the last quarter. Finally, Harraden Circle Investments LLC bought a new stake in Aimei Health Technology in the fourth quarter valued at approximately $1,117,000. Institutional investors own 45.58% of the company’s stock.

Aimei Health Technology Company Profile

Aimei Health Technology Co, Ltd does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquires businesses in the biopharmaceutical, medical technology/device industries or diagnostic, and other services sectors.