Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Get Free Report) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 917 shares, a decline of 41.5% from the June 30th total of 1,568 shares. Based on an average daily trading volume, of 3,284 shares, the short-interest ratio is currently 0.3 days.
Axiom Intelligence Acquisition Corp 1 Trading Up 3.4%
AXINU stock traded up $0.36 during mid-day trading on Thursday, reaching $11.01. The company’s stock had a trading volume of 62 shares, compared to its average volume of 5,966. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $10.05 and a fifty-two week high of $11.75. The company’s 50 day moving average price is $10.79.
Institutional Trading of Axiom Intelligence Acquisition Corp 1
An institutional investor recently raised its position in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp raised its stake in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 193,484 shares of the company’s stock after purchasing an additional 16,081 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $1,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Axiom Intelligence Acquisition Corp 1 Company Profile
Axiom Intelligence Acquisition Corp 1 (NASDAQ: AXINU) is a special purpose acquisition company (SPAC) listed on the Nasdaq that was formed to raise capital through an initial public offering for the purpose of effecting a merger, amalgamation, or other business combination with one or more operating companies. As a blank‑check vehicle, the company itself does not produce goods or services; its principal business activity is to identify, negotiate and complete a qualifying business combination that will result in a publicly traded operating company.
Like other SPACs, Axiom Intelligence Acquisition Corp 1 holds the proceeds of its IPO in a trust account while it evaluates potential targets.
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