Apex Treasury Corp (NASDAQ:APXTU – Get Free Report) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 5,135 shares, a decline of 51.5% from the July 15th total of 10,589 shares. Based on an average daily volume of 18,431 shares, the days-to-cover ratio is currently 0.3 days.
Institutional Investors Weigh In On Apex Treasury
Several large investors have recently modified their holdings of the company. OMERS ADMINISTRATION Corp acquired a new position in Apex Treasury in the first quarter valued at $4,558,000. Toronto Dominion Bank acquired a new stake in Apex Treasury during the 4th quarter worth about $5,700,000. Readystate Asset Management LP bought a new position in shares of Apex Treasury in the 4th quarter worth about $3,015,000. Rivernorth Capital Management LLC bought a new position in shares of Apex Treasury in the 4th quarter worth about $2,517,000. Finally, Millennium Management LLC bought a new position in shares of Apex Treasury in the 4th quarter worth about $3,141,000.
Apex Treasury Price Performance
NASDAQ APXTU remained flat at $10.22 on Friday. Apex Treasury has a fifty-two week low of $10.01 and a fifty-two week high of $10.50. The stock’s 50 day simple moving average is $10.25 and its 200 day simple moving average is $10.16.
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