IX Acquisition Corp. (NASDAQ:IXAQ - Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,100 shares, an increase 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. Approximately 0.0% of the company's stock are sold short.
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 - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm 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. Institutional investors and hedge funds own 27.49% of the company's stock.
NASDAQ IXAQ opened at $11.57 on Friday. IX Acquisition has a 12 month low of $10.95 and a 12 month high of $11.60. The stock has a 50 day moving average of $11.50 and a 200-day moving average of $11.40.
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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