HPX Corp. (NYSE:HPX) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 7,000 shares, a decrease of 89.9% from the August 15th total of 69,100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 22,700 shares, the short-interest ratio is currently 0.3 days.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Northern Right Capital Management L.P. grew its position in HPX by 1.4% during the second quarter. Northern Right Capital Management L.P. now owns 728,704 shares of the company’s stock worth $7,178,000 after buying an additional 10,000 shares during the period. Berkley W R Corp grew its position in HPX by 63.1% during the second quarter. Berkley W R Corp now owns 162,134 shares of the company’s stock worth $1,597,000 after buying an additional 62,744 shares during the period. Kohlberg Kravis Roberts & Co. L.P. acquired a new stake in shares of HPX in the second quarter valued at approximately $1,396,000. Turim 21 Investimentos Ltda. acquired a new stake in shares of HPX in the first quarter valued at approximately $964,000. Finally, D. E. Shaw & Co. Inc. acquired a new stake in shares of HPX in the first quarter valued at approximately $585,000. 50.41% of the stock is owned by hedge funds and other institutional investors.
NYSE HPX remained flat at $$9.83 during trading hours on Thursday. 303,780 shares of the company traded hands, compared to its average volume of 61,046. HPX has a 52-week low of $9.57 and a 52-week high of $11.38. The stock has a 50-day moving average of $9.79 and a 200-day moving average of $9.83.
HPX Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Wilmington, Delaware.
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