Wolverine Asset Management LLC Cuts Holdings in APx Acquisition Corp. I (NASDAQ:APXI)

Wolverine Asset Management LLC decreased its position in shares of APx Acquisition Corp. I (NASDAQ:APXI) by 9.6% in the fourth quarter, HoldingsChannel reports. The firm owned 489,187 shares of the company’s stock after selling 51,718 shares during the quarter. Wolverine Asset Management LLC’s holdings in APx Acquisition Corp. I were worth $5,469,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in APXI. Mizuho Securities USA LLC lifted its holdings in shares of APx Acquisition Corp. I by 2.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 459,000 shares of the company’s stock valued at $4,980,000 after acquiring an additional 8,998 shares during the last quarter. Periscope Capital Inc. lifted its holdings in shares of APx Acquisition Corp. I by 4.0% in the 3rd quarter. Periscope Capital Inc. now owns 300,000 shares of the company’s stock valued at $3,291,000 after acquiring an additional 11,586 shares during the last quarter. Finally, Radcliffe Capital Management L.P. lifted its holdings in shares of APx Acquisition Corp. I by 0.7% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 284,071 shares of the company’s stock valued at $3,116,000 after acquiring an additional 2,005 shares during the last quarter. Hedge funds and other institutional investors own 51.82% of the company’s stock.

APx Acquisition Corp. I Stock Up 0.1 %

Shares of NASDAQ:APXI traded up $0.02 during trading on Tuesday, reaching $11.47. The company’s stock had a trading volume of 1,020 shares, compared to its average volume of 28,253. APx Acquisition Corp. I has a 12 month low of $9.86 and a 12 month high of $11.47. The firm’s 50 day simple moving average is $11.38 and its two-hundred day simple moving average is $11.22.

About APx Acquisition Corp. I

APx Acquisition Corp. I. 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 or entities. APx Acquisition Corp. I. was incorporated in 2021 and is based in Mexico City, Mexico.