Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Get Free Report) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 2,041 shares, a growth of ∞ from the May 14th total of 0 shares. Based on an average trading volume of 8,074 shares, the short-interest ratio is presently 0.3 days.
Axiom Intelligence Acquisition Corp 1 Stock Up 0.4%
Shares of NASDAQ AXINU opened at $10.96 on Friday. The firm has a fifty day moving average of $10.49. Axiom Intelligence Acquisition Corp 1 has a fifty-two week low of $9.51 and a fifty-two week high of $11.75.
Hedge Funds Weigh In On Axiom Intelligence Acquisition Corp 1
A hedge fund recently raised its stake in Axiom Intelligence Acquisition Corp 1 stock. OMERS ADMINISTRATION Corp lifted its holdings in shares of Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINU – Free Report) by 9.1% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 filing with the SEC.
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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