APx Acquisition Corp. I (NASDAQ:APXI) Shares Up 0.2%

APx Acquisition Corp. I (NASDAQ:APXI)’s share price shot up 0.2% during mid-day trading on Wednesday . The stock traded as high as $11.44 and last traded at $11.42. 1,808 shares were traded during trading, a decline of 95% from the average session volume of 34,568 shares. The stock had previously closed at $11.40.

APx Acquisition Corp. I Trading Up 0.2 %

The company’s fifty day simple moving average is $11.34 and its 200-day simple moving average is $11.16.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in APXI. Spartan Fund Management Inc. bought a new position in APx Acquisition Corp. I during the 4th quarter worth about $49,000. Deutsche Bank AG bought a new position in APx Acquisition Corp. I during the 1st quarter worth about $59,000. State Street Corp bought a new position in APx Acquisition Corp. I during the 3rd quarter worth about $114,000. Cowen AND Company LLC bought a new position in APx Acquisition Corp. I during the 4th quarter worth about $169,000. Finally, K2 Principal Fund L.P. bought a new position in APx Acquisition Corp. I during the 4th quarter worth about $253,000. 51.82% of the stock is currently owned by institutional investors.

APx Acquisition Corp. I Company Profile

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.