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 target of a significant drop in short interest in the month of 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 daily volume of 2,221 shares, the days-to-cover ratio is presently 0.0 days.

Axiom Intelligence Acquisition Corp 1 Trading Down 18.0%

Shares of AXINR stock traded down $0.03 during trading on Tuesday, reaching $0.12. The company’s stock had a trading volume of 10,959 shares, compared to its average volume of 88,760. Axiom Intelligence Acquisition Corp 1 has a 1-year low of $0.10 and a 1-year high of $0.48. The stock’s 50-day moving average price is $0.20 and its 200 day moving average price is $0.25.

About Axiom Intelligence Acquisition Corp 1

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.