Onyx Acquisition Co. I (NASDAQ:ONYX – Get Rating) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,200 shares, a decrease of 40.0% from the January 31st total of 2,000 shares. Based on an average daily volume of 67,100 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Investors Weigh In On Onyx Acquisition Co. I
Several large investors have recently modified their holdings of ONYX. Virtu Financial LLC bought a new stake in Onyx Acquisition Co. I in the third quarter worth about $174,000. State Street Corp bought a new stake in shares of Onyx Acquisition Co. I in the 1st quarter worth approximately $202,000. Rivernorth Capital Management LLC bought a new stake in Onyx Acquisition Co. I during the 1st quarter valued at $274,000. Basso Capital Management L.P. raised its holdings in Onyx Acquisition Co. I by 452.6% during the 1st quarter. Basso Capital Management L.P. now owns 32,142 shares of the company's stock valued at $321,000 after buying an additional 26,326 shares during the last quarter. Finally, Glazer Capital LLC bought a new position in Onyx Acquisition Co. I in the 1st quarter worth $356,000. 72.62% of the stock is currently owned by institutional investors and hedge funds.
Get Onyx Acquisition Co. I alerts:Onyx Acquisition Co. I Price Performance
NASDAQ:ONYX remained flat at $10.41 on Wednesday. 20 shares of the company traded hands, compared to its average volume of 1,579. The company's 50 day moving average price is $10.37 and its 200 day moving average price is $10.25. Onyx Acquisition Co. I has a fifty-two week low of $9.90 and a fifty-two week high of $11.10.
About Onyx Acquisition Co. I
(Get Rating)
Onyx Acquisition Co I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on general industrials sectors, such as aerospace and defense, air freight and logistics, airlines, building products, commercial services and supplies, construction and engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road and rail, distributors, and transportation infrastructure, as well as the construction technology sector.
Further Reading
- Get a free copy of the StockNews.com research report on Onyx Acquisition Co. I (ONYX)
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