Axiom Intelligence Acquisition Corp 1 (NASDAQ:AXINR) Shares Shorted: Short Interest Down 95.7% in October

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

Axiom Intelligence Acquisition Corp 1 Stock Down 18.0%

NASDAQ:AXINR traded down $0.03 during mid-day trading on Tuesday, hitting $0.12. The stock had a trading volume of 10,959 shares, compared to its average volume of 88,760. The stock has a 50-day simple moving average of $0.20 and a two-hundred day simple moving average of $0.25. Axiom Intelligence Acquisition Corp 1 has a twelve month low of $0.10 and a twelve month high of $0.48.

Axiom Intelligence Acquisition Corp 1 Company Profile

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.