APx Acquisition Corp. I (NASDAQ:APXI) Short Interest Up 100.0% in November

APx Acquisition Corp. I (NASDAQ:APXI) was the recipient of a large increase in short interest in 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 daily volume of 4,500 shares, the short-interest ratio is presently 0.0 days.

APx Acquisition Corp. I Stock Performance

Shares of APXI stock remained flat at $11.88 during mid-day trading on Friday. 22 shares of the stock were exchanged, compared to its average volume of 1,642. APx Acquisition Corp. I has a 1 year low of $11.11 and a 1 year high of $12.89. The firm’s 50 day simple moving average is $11.82 and its 200-day simple moving average is $11.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Spartan Fund Management Inc. raised its holdings in APx Acquisition Corp. I by 90.8% in the second quarter. Spartan Fund Management Inc. now owns 38,442 shares of the company’s stock worth $446,000 after buying an additional 18,290 shares during the last quarter. Clear Street LLC purchased a new stake in APx Acquisition Corp. I during the 2nd quarter valued at $78,000. Berkley W R Corp boosted its stake in 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 purchasing an additional 180,499 shares during the last quarter. Logan Stone Capital LLC bought a new position in shares of APx Acquisition Corp. I during the second quarter valued at $2,925,000. Finally, Mizuho Securities USA LLC increased its holdings in APx Acquisition Corp. I by 224.2% in the 3rd quarter. Mizuho Securities USA LLC now owns 2,250,000 shares of the company’s stock worth $26,258,000 after buying an additional 1,556,000 shares in the last quarter. Institutional investors own 51.82% of the company’s stock.

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.