Onyx Acquisition Co. I (NASDAQ:ONYXU – Get Rating) shares were up 0.1% during mid-day trading on Wednesday . The stock traded as high as $10.60 and last traded at $10.41. Approximately 500 shares changed hands during trading, a decline of 78% from the average daily volume of 2,300 shares. The stock had previously closed at $10.40.
Onyx Acquisition Co. I Stock Down 0.1 %
The stock has a 50 day moving average price of $10.72.
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Institutional Investors Weigh In On Onyx Acquisition Co. I
An institutional investor recently bought a new position in Onyx Acquisition Co. I stock. Highland Peak Capital LLC purchased a new position in shares of Onyx Acquisition Co. I (NASDAQ:ONYXU – Get Rating) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 111,400 shares of the company's stock, valued at approximately $1,142,000. Onyx Acquisition Co. I accounts for 0.8% of Highland Peak Capital LLC's investment portfolio, making the stock its 14th biggest position.
Onyx Acquisition Co. I Company Profile
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Onyx Acquisition Co I does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on general industrials sectors, such as aerospace and defense, air freight and logistics, airlines, building products, commercial services and supplies, construction and engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road and rail, distributors, and transportation infrastructure, as well as the construction technology sector.
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