Hi,
moomoo ID:NaN
Log Out
English
Back
Log in to access Online Inquiry

CONX Corp. (NASDAQ:CONX) Sees Significant Increase in Short Interest

Financial News Live ·  {{timeTz}}

CONX Corp. (NASDAQ:CONX – Get Rating) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 1,160,000 shares, a growth of 143.0% from the July 15th total of 477,400 shares. Based on an average trading volume of 185,400 shares, the days-to-cover ratio is currently 6.3 days. Currently, 1.6% of the company's shares are sold short.

Hedge Funds Weigh In On CONX

Hedge funds and other institutional investors have recently made changes to their positions in the company. Fort Baker Capital Management LP lifted its stake in shares of CONX by 4.6% during the 1st quarter. Fort Baker Capital Management LP now owns 3,899,572 shares of the company's stock worth $38,411,000 after purchasing an additional 172,916 shares during the last quarter. Glazer Capital LLC raised its stake in shares of CONX by 1.0% in the first quarter. Glazer Capital LLC now owns 2,347,174 shares of the company's stock worth $23,120,000 after purchasing an additional 23,792 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of CONX by 4.4% in the first quarter. JPMorgan Chase & Co. now owns 1,440,472 shares of the company's stock worth $14,189,000 after purchasing an additional 60,100 shares during the last quarter. Jane Street Group LLC raised its stake in shares of CONX by 3.8% in the first quarter. Jane Street Group LLC now owns 1,101,930 shares of the company's stock worth $10,855,000 after purchasing an additional 40,334 shares during the last quarter. Finally, Rivernorth Capital Management LLC grew its holdings in CONX by 73.4% during the first quarter. Rivernorth Capital Management LLC now owns 1,004,151 shares of the company's stock worth $9,891,000 after acquiring an additional 425,000 shares during the period. Institutional investors own 73.74% of the company's stock.

Get CONX alerts:

CONX Stock Performance

CONX stock traded up $0.01 during mid-day trading on Friday, hitting $9.95. The company's stock had a trading volume of 86,572 shares, compared to its average volume of 161,036. CONX has a one year low of $9.70 and a one year high of $9.96. The company has a 50 day moving average of $9.91 and a 200-day moving average of $9.87.

About CONX

(Get Rating)

CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets . It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry.

See Also

  • Get a free copy of the StockNews.com research report on CONX (CONX)
  • What Is WallStreetBets and What Stocks Are They Targeting?
  • Institutions And Analysts Propel Jack In The Box Higher
  • Can You Guess Which EV Stock Is Beating Tesla ?
  • Look at Honeywell for a Steady and Diversified Stock
  • Why Invest in High-Yield Dividend Stocks?

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

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.
In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).
In Singapore, investment products and services available through the moomoo app are offered through Moomoo Financial Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS). Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (License No. CMS101000) holder with the Exempt Financial Adviser Status. This advertisement has not been reviewed by the Monetary Authority of Singapore.
In Australia, financial products and services available through the moomoo app are provided by Futu Securities (Australia) Ltd, an Australian Financial Services Licensee (AFSL No. 224663) regulated by the Australian Securities and Investment Commission (ASIC). Please read and understand our Financial Services Guide, Terms and Conditions, Privacy Policy and other disclosure documents which are available on our websites https://www.futuau.com and https://www.moomoo.com/au. Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd. and Futu Securities (Australia) Ltd are affiliated companies.