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Onyx Acquisition Co. I (NASDAQ:ONYX) Stock Price Up 0.8% - Should You Buy?

Onyx Acquisition Co. I logo with Unclassified background

Onyx Acquisition Co. I (NASDAQ:ONYX - Get Free Report) traded up 0.8% on Monday . The company traded as high as $11.44 and last traded at $11.44. 8,423 shares changed hands during trading, a decline of 8% from the average session volume of 9,118 shares. The stock had previously closed at $11.35.

Onyx Acquisition Co. I Price Performance

The company has a fifty day simple moving average of $11.32 and a two-hundred day simple moving average of $11.26.

Institutional Trading of Onyx Acquisition Co. I

Several institutional investors and hedge funds have recently made changes to their positions in the company. Berkley W R Corp purchased a new position in Onyx Acquisition Co. I during the 2nd quarter valued at about $2,136,000. Quarry LP bought a new position in shares of Onyx Acquisition Co. I during the second quarter valued at approximately $1,527,000. Finally, Robinson Capital Management LLC purchased a new position in Onyx Acquisition Co. I during the first quarter valued at approximately $59,000. 23.34% of the stock is currently owned by institutional investors.

About Onyx Acquisition Co. I

(Get Free Report)

Onyx Acquisition Co I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in general industrials and construction technology sectors. The company was incorporated in 2021 and is based in New York, New York.

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