Alpex Acquisition Corp. (NASDAQ:ALPXU – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 110 shares, a decline of 93.7% from the September 15th total of 1,751 shares. Based on an average trading volume of 808 shares, the short-interest ratio is presently 0.1 days.
Alpex Acquisition Trading Down 0.7%
ALPXU traded down $0.07 during midday trading on Friday, reaching $10.15. Alpex Acquisition has a twelve month low of $9.99 and a twelve month high of $10.75. The company’s 50 day moving average is $10.15.
Alpex Acquisition Company Profile
Alpex Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating companies.
As a blank-check company, Alpex Acquisition does not have significant operating products, services or commercial activities of its own. Its primary activities involve raising capital through a public offering, evaluating potential acquisition targets and seeking shareholder approval for a proposed business combination.
Public information about the company’s specific investment focus, geographic markets, completed transactions and executive leadership is limited.
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