OCA Acquisition (NASDAQ:OCAX) Shares Down 2.2% – Here’s What Happened

OCA Acquisition Corp. (NASDAQ:OCAX)’s share price was down 2.2% during trading on Tuesday . The company traded as low as $11.22 and last traded at $11.22. Approximately 100 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,125 shares. The stock had previously closed at $11.47.

OCA Acquisition Stock Performance

The stock’s 50-day moving average price is $11.35 and its 200-day moving average price is $11.22.

Institutional Investors Weigh In On OCA Acquisition

An institutional investor recently raised its position in OCA Acquisition stock. Clear Street LLC increased its stake in shares of OCA Acquisition Corp. (NASDAQ:OCAX) by 1,094.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,552 shares of the company’s stock after purchasing an additional 83,885 shares during the period. OCA Acquisition makes up approximately 0.0% of Clear Street LLC’s investment portfolio, making the stock its 23rd largest holding. Clear Street LLC owned about 1.36% of OCA Acquisition worth $1,025,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 38.20% of the company’s stock.

OCA Acquisition Company Profile

OCA Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York. OCA Acquisition Corp.