CONX Corp. (NASDAQ:CONXW) Short Interest Down 99.0% in August

CONX Corp. (NASDAQ:CONXWGet Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 100 shares, a decline of 99.0% from the August 15th total of 10,300 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of CONX

Hedge funds and other institutional investors have recently bought and sold shares of the company. Lombard Odier Asset Management USA Corp purchased a new stake in shares of CONX during the 2nd quarter valued at $27,000. Clearbridge Investments LLC purchased a new stake in shares of CONX during the 4th quarter valued at $33,000. JPMorgan Chase & Co. grew its stake in shares of CONX by 1,662.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 296,484 shares of the company’s stock valued at $53,000 after buying an additional 279,662 shares during the period. Apollo Management Holdings L.P. purchased a new stake in shares of CONX during the 1st quarter valued at $54,000. Finally, Periscope Capital Inc. grew its stake in shares of CONX by 420.5% during the 1st quarter. Periscope Capital Inc. now owns 393,020 shares of the company’s stock valued at $71,000 after buying an additional 317,516 shares during the period.

CONX Stock Performance

CONXW stock remained flat at $0.15 during midday trading on Wednesday. 78,466 shares of the company’s stock traded hands, compared to its average volume of 44,995. CONX has a 12-month low of $0.03 and a 12-month high of $0.32. The business has a 50-day moving average price of $0.15 and a 200-day moving average price of $0.16.

CONX Company Profile

(Get Free Report)

conxcorp and our led lighting division vivix is a 20-year-old canadian lighting & communications manufacturing company headquartered in mississauga, on. with a global footprint. we provide turnkey solutions including development, engineering, finance, provisions, maintenance, and outstanding customer service throughout the entire process.

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