Short Interest in APx Acquisition Corp. I (NASDAQ:APXI) Expands By 100.0%

APx Acquisition Corp. I (NASDAQ:APXI) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 200 shares, an increase of 100.0% from the November 15th total of 100 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is currently 0.0 days.

APx Acquisition Corp. I Price Performance

Shares of APXI stock remained flat at $11.88 during trading hours on Friday. 22 shares of the stock traded hands, compared to its average volume of 1,642. The company’s 50-day moving average price is $11.82 and its two-hundred day moving average price is $11.69. APx Acquisition Corp. I has a 12 month low of $11.11 and a 12 month high of $12.89.

Institutional Trading of APx Acquisition Corp. I

Institutional investors have recently modified their holdings of the business. Spartan Fund Management Inc. boosted its stake in APx Acquisition Corp. I by 296.3% in the 3rd quarter. Spartan Fund Management Inc. now owns 152,354 shares of the company’s stock worth $1,801,000 after purchasing an additional 113,912 shares during the period. Mizuho Securities USA LLC boosted its stake in APx Acquisition Corp. I by 224.2% during the third quarter. Mizuho Securities USA LLC now owns 2,250,000 shares of the company’s stock valued at $26,258,000 after buying an additional 1,556,000 shares during the period. Logan Stone Capital LLC purchased a new position in APx Acquisition Corp. I during the second quarter worth about $2,925,000. Berkley W R Corp boosted its position in shares of APx Acquisition Corp. I by 45.7% during the 2nd quarter. Berkley W R Corp now owns 575,378 shares of the company’s stock valued at $6,680,000 after acquiring an additional 180,499 shares during the last quarter. Finally, Clear Street LLC purchased a new position in shares of APx Acquisition Corp. I during the second quarter worth about $78,000. 51.82% of the stock is currently owned by hedge funds and other institutional investors.

About APx Acquisition Corp. I

APx Acquisition Corp. I. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.