Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Get Free Report) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 917 shares, a decrease of 41.5% from the June 30th total of 1,568 shares. Based on an average trading volume of 3,284 shares, the short-interest ratio is presently 0.3 days.
Institutional Inflows and Outflows
An institutional investor recently raised its stake in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp lifted its stake in Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193,484 shares of the company’s stock after buying 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 SEC filing.
Axiom Intelligence Acquisition Corp 1 Stock Performance
NASDAQ:AXINU traded up $0.36 during trading hours on Thursday, reaching $11.01. 62 shares of the company traded hands, compared to its average volume of 5,966. The firm’s 50-day simple moving average is $10.79. Axiom Intelligence Acquisition Corp 1 has a 1-year low of $10.05 and a 1-year high of $11.75.
About Axiom Intelligence Acquisition Corp 1
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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