OCA Acquisition (NASDAQ:OCAX) Shares Down 2.2% – Time to Sell?

OCA Acquisition Corp. (NASDAQ:OCAX) fell 2.2% during trading on Tuesday . The company traded as low as $11.22 and last traded at $11.22. 100 shares changed hands during trading, a decline of 91% from the average session volume of 1,125 shares. The stock had previously closed at $11.47.

OCA Acquisition Trading Down 2.2 %

The company has a fifty day moving average price of $11.35 and a two-hundred day moving average price of $11.22.

Institutional Investors Weigh In On OCA Acquisition

A hedge fund recently raised its stake in OCA Acquisition stock. Clear Street LLC grew its position in shares of OCA Acquisition Corp. (NASDAQ:OCAX) by 1,094.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,552 shares of the company’s stock after acquiring an additional 83,885 shares during the quarter. OCA Acquisition accounts for 0.0% of Clear Street LLC’s holdings, making the stock its 23rd biggest position. Clear Street LLC owned approximately 1.36% of OCA Acquisition worth $1,025,000 at the end of the most recent quarter. 38.20% of the stock is currently owned by institutional investors and hedge funds.

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.