IX Acquisition Corp. (NASDAQ:IXAQ) Sees Significant Decline in Short Interest

IX Acquisition Corp. (NASDAQ:IXAQ – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 700 shares, a decrease of 12.5% from the August 15th total of 800 shares. Approximately 0.0% of the shares of the company are [...]

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IX Acquisition Corp. ( NASDAQ:IXAQ – Get Free Report ) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 700 shares, a decrease of 12.

5% from the August 15th total of 800 shares. Approximately 0.0% of the shares of the company are short sold.



Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 0.2 days. Hedge Funds Weigh In On IX Acquisition An institutional investor recently raised its position in IX Acquisition stock.

Berkley W R Corp boosted its holdings in shares of IX Acquisition Corp. ( NASDAQ:IXAQ – Free Report ) by 44.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission.

The fund owned 244,146 shares of the company’s stock after acquiring an additional 74,694 shares during the quarter. Berkley W R Corp owned about 2.35% of IX Acquisition worth $2,698,000 at the end of the most recent quarter.

27.49% of the stock is currently owned by institutional investors and hedge funds. IX Acquisition Price Performance Shares of IXAQ remained flat at $11.

47 during mid-day trading on Wednesday. The stock had a trading volume of 28 shares, compared to its average volume of 9,152. IX Acquisition has a 1 year low of $10.

89 and a 1 year high of $11.57. The company has a 50-day moving average price of $11.

46 and a 200 day moving average price of $11.36. About IX Acquisition 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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