Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) Sees Large Increase in Short Interest

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 55 shares, a growth of 175.0% from the October 15th total of 20 shares. Based on an average trading volume of 26,838 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Axiom Intelligence Acquisition Corp 1

A number of institutional investors have recently bought and sold shares of AXIN. Deltec Asset Management LLC acquired a new position in Axiom Intelligence Acquisition Corp 1 during the 3rd quarter valued at approximately $518,000. Calamos Advisors LLC purchased a new position in shares of Axiom Intelligence Acquisition Corp 1 in the third quarter worth $1,037,000. SkyView Investment Advisors LLC acquired a new stake in shares of Axiom Intelligence Acquisition Corp 1 during the second quarter worth $2,068,000. Context Capital Management LLC acquired a new stake in shares of Axiom Intelligence Acquisition Corp 1 during the third quarter worth $2,591,000. Finally, First Trust Capital Management L.P. acquired a new stake in shares of Axiom Intelligence Acquisition Corp 1 during the third quarter worth $4,635,000.

Axiom Intelligence Acquisition Corp 1 Price Performance

Shares of NASDAQ AXIN opened at $10.41 on Friday. The business has a 50-day simple moving average of $10.36 and a two-hundred day simple moving average of $10.27. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $10.05 and a fifty-two week high of $10.45.

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXIN) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.03 earnings per share (EPS) for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Axiom Intelligence Acquisition Corp 1 from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell”.

Axiom Intelligence Acquisition Corp 1 Company Profile

Axiom Intelligence Acquisition Corp 1 is a special purpose acquisition company (SPAC). It does not have a substantial operating business or offer products and services of its own. Its primary purpose is to identify and complete a business combination with one or more operating companies. Such a transaction could take the form of a merger, acquisition, share exchange or similar deal. Information about a specific target, geographic focus or leadership is not included here because it could not be reliably confirmed.