Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Get Free Report) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 216 shares, a drop of 58.1% from the September 15th total of 516 shares. Based on an average daily trading volume, of 88 shares, the short-interest ratio is currently 2.5 days.
Axiom Intelligence Acquisition Corp 1 Stock Performance
Shares of AXINU stock traded up $0.04 on Wednesday, hitting $10.56. The stock had a trading volume of 125 shares, compared to its average volume of 4,836. The business has a 50 day moving average price of $10.71 and a 200 day moving average price of $10.64. Axiom Intelligence Acquisition Corp 1 has a one year low of $10.21 and a one year high of $11.75.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp grew its holdings in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 193,484 shares of the company’s stock after purchasing an additional 16,081 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Axiom Intelligence Acquisition Corp 1 were worth $1,989,000 at the end of the most recent reporting period.
About Axiom Intelligence Acquisition Corp 1
Axiom Intelligence Acquisition Corp. 1 is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol AXINU. The company was formed to raise capital through an initial public offering and pursue a business combination, such as a merger, share exchange, asset acquisition, or similar transaction, with one or more operating businesses.
As a blank-check company, Axiom Intelligence Acquisition Corp. 1 does not have established commercial products, services, or operating business activities of its own.
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