American Exceptionalism Acquisition Corp. (NYSE:AEXA – Get Free Report) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 120,710 shares, a decline of 42.1% from the September 15th total of 208,582 shares. Based on an average trading volume of 98,207 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the shares of the company are short sold.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of American Exceptionalism Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, August 20th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, American Exceptionalism Acquisition has an average rating of “Sell”.
Check Out Our Latest Report on AEXA
American Exceptionalism Acquisition Stock Performance
Shares of American Exceptionalism Acquisition stock traded down $0.06 on Thursday, hitting $10.74. The company’s stock had a trading volume of 475,877 shares, compared to its average volume of 127,365. The company has a market capitalization of $531.20 million and a price-to-earnings ratio of 89.34. American Exceptionalism Acquisition has a 1 year low of $10.49 and a 1 year high of $11.99. The firm has a fifty day moving average price of $11.32 and a 200-day moving average price of $11.36.
American Exceptionalism Acquisition (NYSE:AEXA – Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 earnings per share (EPS) for the quarter.
Hedge Funds Weigh In On American Exceptionalism Acquisition
A number of large investors have recently added to or reduced their stakes in AEXA. Clearline Capital LP purchased a new position in American Exceptionalism Acquisition during the fourth quarter valued at $155,000. Lineage Point Capital LP acquired a new stake in shares of American Exceptionalism Acquisition in the fourth quarter valued at about $569,000. Kestra Advisory Services LLC increased its stake in shares of American Exceptionalism Acquisition by 243.4% during the first quarter. Kestra Advisory Services LLC now owns 54,600 shares of the company’s stock worth $591,000 after purchasing an additional 38,700 shares in the last quarter. DLD Asset Management LP increased its stake in shares of American Exceptionalism Acquisition by 31.7% during the first quarter. DLD Asset Management LP now owns 111,841 shares of the company’s stock worth $1,211,000 after purchasing an additional 26,889 shares in the last quarter. Finally, Berkley W R Corp increased its stake in shares of American Exceptionalism Acquisition by 7.5% during the first quarter. Berkley W R Corp now owns 421,159 shares of the company’s stock worth $4,561,000 after purchasing an additional 29,445 shares in the last quarter.
About American Exceptionalism Acquisition
We are led by Chamath Palihapitiya, the founder and Managing Partner of Social Capital. Like Social Capital, the company is formed to confront the world’s hardest problems. Although these problems have evolved over the past decade, our approach remains the same—with a dedication to first principles thinking, deep technological understanding and a willingness to be contrarian to consensus. — We intend to find companies that operate in sectors that we believe will be instrumental in maintaining U.S.
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