IX Acquisition Corp. (NASDAQ:IXAQU) Short Interest Down 95.7% in April

IX Acquisition Corp. (NASDAQ:IXAQUGet Rating) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 100 shares, a drop of 95.7% from the April 15th total of 2,300 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 0.1 days.

IX Acquisition stock traded down $0.05 on Friday, hitting $9.89. 3,200 shares of the stock traded hands, compared to its average volume of 2,620. The business’s fifty day simple moving average is $9.90 and its 200 day simple moving average is $9.92. IX Acquisition has a 1 year low of $9.71 and a 1 year high of $10.92.

A number of institutional investors have recently made changes to their positions in IXAQU. Sage Mountain Advisors LLC purchased a new position in shares of IX Acquisition in the 4th quarter worth about $1,070,000. Wealthspring Capital LLC purchased a new position in shares of IX Acquisition in the 4th quarter worth about $787,000. Condor Capital Management purchased a new position in shares of IX Acquisition in the 4th quarter worth about $50,000. Bulldog Investors LLP purchased a new position in shares of IX Acquisition in the 4th quarter worth about $491,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of IX Acquisition in the 4th quarter worth about $2,893,000.

About IX Acquisition (Get Rating)

IX Acquisition Corp. is a blank check company. The company was incorporated in 2021 and is based in London, United Kingdom.

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