Apex Treasury Corp (NASDAQ:APXTU – Get Free Report)’s share price traded down 0.3% on Friday. The company traded as low as $10.27 and last traded at $10.27. Approximately 189 shares changed hands during trading, a decline of 98% from the average session volume of 10,790 shares. The stock had previously closed at $10.30.
Apex Treasury Stock Performance
The business has a 50-day simple moving average of $10.26 and a two-hundred day simple moving average of $10.21.
Institutional Investors Weigh In On Apex Treasury
Several hedge funds have recently modified their holdings of the stock. Harraden Circle Investments LLC purchased a new position in Apex Treasury in the 2nd quarter valued at $18,169,000. Lineage Point Capital LP acquired a new stake in shares of Apex Treasury in the 2nd quarter worth $4,837,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Apex Treasury in the 1st quarter worth $4,558,000. Finally, Governors Lane LP acquired a new stake in shares of Apex Treasury in the 2nd quarter worth $1,545,000.
About Apex Treasury
Apex Treasury Corp. is a special purpose acquisition company (SPAC) organized to raise capital through an initial public offering and pursue a merger, acquisition, or other business combination with one or more operating companies.
As a blank-check company, Apex Treasury does not have an established operating business, proprietary products, or services of its own. Its activities are primarily focused on identifying a suitable target company and completing a business combination within the time frame specified in its governing documents.
Publicly available information about Apex Treasury’s target industry, geographic focus, operating history, and leadership is limited.
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