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APx Acquisition Corp. I (NASDAQ:APXI) Trading 0.1% Higher

Defense World ·  Jan 25, 2023 03:31

APx Acquisition Corp. I (NASDAQ:APXI – Get Rating)'s stock price traded up 0.1% during trading on Tuesday . The company traded as high as $10.34 and last traded at $10.33. 629,906 shares were traded during trading, an increase of 256% from the average session volume of 176,962 shares. The stock had previously closed at $10.32.

APx Acquisition Corp. I Trading Up 0.1 %

The stock's fifty day moving average price is $10.26 and its 200 day moving average price is $10.15.

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Institutional Investors Weigh In On APx Acquisition Corp. I

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp purchased a new stake in APx Acquisition Corp. I in the third quarter worth approximately $114,000. Virtu Financial LLC purchased a new stake in APx Acquisition Corp. I in the third quarter worth approximately $142,000. Mizuho Securities USA LLC purchased a new stake in APx Acquisition Corp. I in the third quarter worth approximately $149,000. Kohlberg Kravis Roberts & Co. L.P. purchased a new stake in APx Acquisition Corp. I in the first quarter worth approximately $499,000. Finally, Aristeia Capital LLC boosted its holdings in APx Acquisition Corp. I by 20.3% in the second quarter. Aristeia Capital LLC now owns 360,914 shares of the company's stock worth $3,613,000 after purchasing an additional 60,914 shares during the last quarter. Hedge funds and other institutional investors own 64.56% of the company's stock.

APx Acquisition Corp. I Company Profile

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APx Acquisition Corp. I. 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 or entities. The company was incorporated in 2021 and is based in Mexico City, Mexico.

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