IX Acquisition Corp. (NASDAQ:IXAQ) Short Interest Update

IX Acquisition Corp. (NASDAQ:IXAQ) saw a large growth in short interest during 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. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 11,300 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of IX Acquisition

A hedge fund recently raised its stake in IX Acquisition stock. Berkley W R Corp increased its holdings in IX Acquisition Corp. (NASDAQ:IXAQ) by 10.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 270,647 shares of the company’s stock after purchasing an additional 26,501 shares during the period. Berkley W R Corp owned 3.15% of IX Acquisition worth $3,031,000 as of its most recent SEC filing. Institutional investors own 27.49% of the company’s stock.

IX Acquisition Trading Down 0.2 %

Shares of NASDAQ IXAQ opened at $11.57 on Monday. The company has a 50-day simple moving average of $11.50 and a 200-day simple moving average of $11.41. IX Acquisition has a 12 month low of $10.95 and a 12 month high of $11.60.

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.