Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINR) Sees Significant Drop in Short Interest

Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINR – Get Free Report) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 111 shares, a drop of 95.7% from the October 15th total of 2,590 shares. Based on an average trading volume of 2,221 shares, the short-interest ratio is presently 0.0 days.

Axiom Intelligence Acquisition Corp 1 Trading Down 18.0%

Shares of AXINR opened at $0.12 on Wednesday. Axiom Intelligence Acquisition Corp 1 has a 12-month low of $0.10 and a 12-month high of $0.48. The stock has a 50-day moving average price of $0.20 and a 200-day moving average price of $0.25.

Axiom Intelligence Acquisition Corp 1 Company Profile

(Get Free Report)

Axiom Intelligence Acquisition Corp. I is a special purpose acquisition company (SPAC), formed to pursue a business combination with another company. It does not operate a conventional business or offer its own products and services. Its stated purpose is to identify and combine with a business through a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction. Until a transaction is completed, its activities are principally focused on seeking and evaluating potential opportunities.

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