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 days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On Axiom Intelligence Acquisition Corp 1
An institutional investor recently raised its stake in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp raised its holdings in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% during the first 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 as of its most recent SEC filing.
Axiom Intelligence Acquisition Corp 1 Trading Down 0.2%
NASDAQ AXINU opened at $10.63 on Friday. The stock’s 50 day moving average price is $10.80. Axiom Intelligence Acquisition Corp 1 has a 1 year low of $10.05 and a 1 year high of $11.75.
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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