IX Acquisition Corp. (NASDAQ:IXAQ – Get Rating) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 4,600 shares, a growth of 21.1% from the July 15th total of 3,800 shares. Based on an average daily trading volume, of 15,900 shares, the short-interest ratio is currently 0.3 days.
IX Acquisition Price Performance
Shares of IX Acquisition stock traded down $0.01 on Monday, hitting $9.87. The company's stock had a trading volume of 600 shares, compared to its average volume of 90,122. IX Acquisition has a 1 year low of $9.68 and a 1 year high of $9.90. The firm has a fifty day moving average price of $9.83 and a 200-day moving average price of $9.80.
Get IX Acquisition alerts:Institutional Investors Weigh In On IX Acquisition
Several institutional investors have recently bought and sold shares of the company. Granby Capital Management LLC purchased a new stake in IX Acquisition in the first quarter valued at approximately $245,000. Wolverine Asset Management LLC purchased a new position in IX Acquisition during the fourth quarter worth about $331,000. Berkley W R Corp purchased a new position in IX Acquisition during the first quarter worth about $343,000. Whitebox Advisors LLC purchased a new position in IX Acquisition in the fourth quarter valued at about $485,000. Finally, Royal Bank of Canada increased its holdings in IX Acquisition by 10.8% in the first quarter. Royal Bank of Canada now owns 97,539 shares of the company's stock valued at $955,000 after buying an additional 9,535 shares in the last quarter. 58.72% of the stock is currently owned by institutional investors and hedge funds.
About IX Acquisition
(Get Rating)IX Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in London, United Kingdom.
Further Reading
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