APx Acquisition Corp. I (NASDAQ:APXI) Sees Large Growth in Short Interest

APx Acquisition Corp. I (NASDAQ:APXI) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, a growth of 100.0% from the November 15th total of 100 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On APx Acquisition Corp. I

A number of institutional investors have recently made changes to their positions in APXI. Spartan Fund Management Inc. grew its position in shares of APx Acquisition Corp. I by 90.8% in the 2nd quarter. Spartan Fund Management Inc. now owns 38,442 shares of the company’s stock valued at $446,000 after buying an additional 18,290 shares during the last quarter. Clear Street LLC acquired a new position in shares of APx Acquisition Corp. I in the 2nd quarter valued at about $78,000. Berkley W R Corp lifted its stake 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 valued at $6,680,000 after purchasing an additional 180,499 shares during the period. Logan Stone Capital LLC acquired a new position in shares of APx Acquisition Corp. I in the 2nd quarter valued at about $2,925,000. Finally, Mizuho Securities USA LLC lifted its stake in shares of APx Acquisition Corp. I by 224.2% in 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 period. Institutional investors own 51.82% of the company’s stock.

APx Acquisition Corp. I Price Performance

APXI stock remained flat at $11.88 during midday trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 1,642. APx Acquisition Corp. I has a twelve month low of $11.11 and a twelve month high of $12.89. The firm has a 50 day moving average of $11.81 and a two-hundred day moving average of $11.68.

APx Acquisition Corp. I Company Profile

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.