Short Interest in Apex Technology Acquisition Co. (NASDAQ:APXT) Decreases By 92.9%

Apex Technology Acquisition Co. (NASDAQ:APXTGet Free Report) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 929 shares, a decrease of 92.9% from the May 31st total of 13,129 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 90,700 shares, the short-interest ratio is presently 0.0 days.

Apex Technology Acquisition Trading Up 0.0%

NASDAQ APXT opened at $10.04 on Friday. Apex Technology Acquisition has a twelve month low of $9.87 and a twelve month high of $10.08. The firm’s 50 day moving average price is $10.02 and its two-hundred day moving average price is $9.97.

Apex Technology Acquisition (NASDAQ:APXTGet Free Report) last released its quarterly earnings data on Thursday, March 26th. The company reported $0.09 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Weiss Ratings initiated coverage on shares of Apex Technology Acquisition in a research report on Tuesday, May 26th. They set a “sell (e+)” rating for the company. Wall Street Zen raised shares of Apex Technology Acquisition to a “hold” rating in a report on Saturday, June 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Report on Apex Technology Acquisition

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. ABC Arbitrage SA bought a new position in shares of Apex Technology Acquisition in the first quarter worth about $199,000. Bulldog Investors LLP bought a new stake in shares of Apex Technology Acquisition in the 4th quarter worth about $425,000. Gritstone Asset Management LLC acquired a new stake in shares of Apex Technology Acquisition during the fourth quarter worth approximately $494,000. Schonfeld Strategic Advisors LLC bought a new stake in Apex Technology Acquisition during the 4th quarter worth approximately $494,000. Finally, Sculptor Capital LP acquired a new stake in Apex Technology Acquisition during the 4th quarter valued at $522,000. 6.01% of the stock is currently owned by institutional investors and hedge funds.

About Apex Technology Acquisition

(Get Free Report)

Apex Technology Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and internet technology industries. The company was incorporated in 2019 and is based in Burlingame, California. Apex Technology Acquisition Corporation is a subsidiary of Apex Technology Sponsor LLC.

Read More

Receive News & Ratings for Apex Technology Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apex Technology Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.