IX Acquisition Corp. (NASDAQ:IXAQ) Short Interest Down 14.3% in September

IX Acquisition Corp. (NASDAQ:IXAQ) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 600 shares, a decline of 14.3% from the August 31st total of 700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 10,900 shares, the short-interest ratio is currently 0.1 days.

IX Acquisition Stock Up 0.6 %

IXAQ stock traded up $0.07 during midday trading on Monday, hitting $11.59. The company’s stock had a trading volume of 3,569 shares, compared to its average volume of 12,921. The stock’s 50-day moving average price is $11.47 and its 200 day moving average price is $11.38. IX Acquisition has a 1 year low of $10.90 and a 1 year high of $11.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in IX Acquisition stock. Cowen AND Company LLC purchased a new stake in shares of IX Acquisition Corp. (NASDAQ:IXAQ) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 10,917 shares of the company’s stock, valued at approximately $124,000. Cowen AND Company LLC owned about 0.13% of IX Acquisition at the end of the most recent reporting period. 27.49% of the stock is currently owned by hedge funds and other institutional investors.

IX Acquisition Company Profile

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.