Aimei Health Technology (AFJK) Stock Price Falls, Raising Investor Questions
March 21, 2025 – Aimei Health Technology Co., Ltd (NASDAQ:AFJK) saw its stock price decrease by 0.5% on Thursday. The stock’s trading low for the day was $11.00, and it closed at $10.96.
During mid-day trading, 301 shares changed hands. This represents a 99% decline compared to the average trading volume of 33,230 shares. Previously, the stock had closed at $11.01.
Aimei Health Technology Price Performance
The stock’s 50-day moving average is $10.87, with a 200-day moving average of $10.67.
Institutional Activity
Several institutional investors have recently adjusted their holdings of AFJK stock.
Mizuho Securities USA LLC increased its position in Aimei Health Technology by 102.6% in the fourth quarter, now holding 897,220 shares valued at $9,421,000 after purchasing an additional 454,442 shares during the last quarter.
Berkley W R Corp initiated a new stake in Aimei Health Technology during the fourth quarter, with an approximate value of $4,750,000.
Quarry LP also acquired a new stake in the fourth quarter of approximately $1,605,000.
Wolverine Asset Management LLC increased its holdings by 21.3% in the fourth quarter, owning 654,039 shares valued at $6,998,000 after buying an additional 115,000 shares.
Finally, Harraden Circle Investments LLC initiated a new stake in the fourth quarter, valued at approximately $1,117,000.
Institutional investors collectively own 45.58% of the company’s stock.
Company Overview
Aimei Health Technology Co., Ltd. has no current significant operations and plans to merge, exchange shares, or acquire assets or businesses with the aim of entering the biopharmaceutical, medical technology/device, diagnostic, and other services industries.
