APx Acquisition Corp. I (NASDAQ:APXI) Short Interest Update

APx Acquisition Corp. I (NASDAQ:APXI) was the target of a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a drop of 75.0% from the October 31st total of 400 shares. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On APx Acquisition Corp. I

Several institutional investors and hedge funds have recently made changes to their positions in APXI. Mizuho Securities USA LLC lifted its holdings in APx Acquisition Corp. I by 224.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 2,250,000 shares of the company’s stock valued at $26,258,000 after purchasing an additional 1,556,000 shares during the last quarter. Logan Stone Capital LLC bought a new position in shares of APx Acquisition Corp. I in the second quarter valued at approximately $2,925,000. Berkley W R Corp boosted its holdings in shares of APx Acquisition Corp. I by 45.7% in the 2nd quarter. Berkley W R Corp now owns 575,378 shares of the company’s stock worth $6,680,000 after acquiring an additional 180,499 shares in the last quarter. Spartan Fund Management Inc. grew its position in APx Acquisition Corp. I by 296.3% during the 3rd quarter. Spartan Fund Management Inc. now owns 152,354 shares of the company’s stock worth $1,801,000 after acquiring an additional 113,912 shares during the last quarter. Finally, Clear Street LLC acquired a new stake in APx Acquisition Corp. I during the 2nd quarter valued at $78,000. Institutional investors and hedge funds own 51.82% of the company’s stock.

APx Acquisition Corp. I Price Performance

APXI stock traded up $1.28 during trading on Friday, hitting $13.17. The company had a trading volume of 59 shares, compared to its average volume of 5,066. The company has a fifty day moving average price of $11.78 and a two-hundred day moving average price of $11.66. APx Acquisition Corp. I has a fifty-two week low of $11.09 and a fifty-two week high of $12.89.

About APx Acquisition Corp. I

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.