Aimei Health Technology Co., Ltd (NASDAQ:AFJK) Sees Large Drop in Short Interest

Aimei Health Technology Co., Ltd (NASDAQ:AFJK) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 1,000 shares, a decrease of 9.1% from the August 15th total of 1,100 shares. Based on an average daily volume of 16,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Aimei Health Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in AFJK. Karpus Management Inc. bought a new stake in Aimei Health Technology in the first quarter valued at about $11,249,000. Wealthspring Capital LLC acquired a new position in shares of Aimei Health Technology in the 1st quarter worth approximately $5,483,000. Shaolin Capital Management LLC acquired a new position in shares of Aimei Health Technology in the 1st quarter worth approximately $3,078,000. Mizuho Securities USA LLC bought a new position in shares of Aimei Health Technology during the 1st quarter worth approximately $2,724,000. Finally, Periscope Capital Inc. acquired a new stake in Aimei Health Technology in the 1st quarter valued at $1,536,000. 45.58% of the stock is owned by institutional investors.

Aimei Health Technology Price Performance

Shares of AFJK stock opened at $10.48 on Tuesday. The stock has a fifty day moving average price of $10.41 and a 200 day moving average price of $10.33. Aimei Health Technology has a one year low of $10.15 and a one year high of $10.51.

About Aimei Health Technology

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. The company was incorporated in 2023 and is based in New York, New York.