IX Acquisition Corp. (NASDAQ:IXAQ - Get Free Report) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 1,100 shares, a growth of 83.3% from the September 15th total of 600 shares. Based on an average daily trading volume, of 11,300 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
IX Acquisition Price Performance
Shares of NASDAQ IXAQ traded down $0.02 during trading on Friday, hitting $11.57. 2,671 shares of the company were exchanged, compared to its average volume of 12,425. IX Acquisition has a 1 year low of $10.95 and a 1 year high of $11.60. The firm's fifty day moving average price is $11.50 and its 200 day moving average price is $11.41.
Institutional Investors Weigh In On IX Acquisition
A hedge fund recently bought a new stake in IX Acquisition stock. Cowen AND Company LLC acquired a new position in IX Acquisition Corp. (NASDAQ:IXAQ - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 10,917 shares of the company's stock, valued at approximately $124,000. Cowen AND Company LLC owned approximately 0.13% of IX Acquisition as of its most recent SEC filing. Hedge funds and other institutional investors own 27.49% of the company's stock.
About IX Acquisition
(
Get Free Report)
IX Acquisition Corp. 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. It focuses on companies in the technology, media and telecommunications, and information and communication technology industries.
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