American Exceptionalism Acquisition Corp. (NYSE:AEXA) Stock Short Interest Report for September

Key Points

• Short interest fell sharply: Shares sold short declined 42.1% to 120,710 as of September 30, representing 0.2% of the float and 1.2 days to cover.
• Institutional ownership increased: Several investors added to their positions, including Kestra Advisory Services, which boosted its holdings by 243.4%, and Moore Capital Management, which now owns 1.2 million shares.
• Shares remain under pressure: AEXA traded at $10.74, near its 12-month low, while the stock carries a consensus “Sell” rating from the one analyst covering it. The company reported quarterly EPS of $0.06.

American Exceptionalism Acquisition Corp. (NYSE:AEXA - Get Free Report) was the recipient of a large decline in short interest during 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 daily trading volume, of 98,207 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the company's stock are sold short.

Institutional Investors Weigh In On American Exceptionalism Acquisition

A number of large investors have recently bought and sold shares of AEXA. Lineage Point Capital LP increased its stake in shares of American Exceptionalism Acquisition by 12.4% in the second quarter. Lineage Point Capital LP now owns 60,132 shares of the company's stock worth $711,000 after acquiring an additional 6,611 shares during the period. Berkley W R Corp boosted its holdings in American Exceptionalism Acquisition by 7.5% in the first quarter. Berkley W R Corp now owns 421,159 shares of the company's stock valued at $4,561,000 after purchasing an additional 29,445 shares during the last quarter. DLD Asset Management LP boosted its holdings in American Exceptionalism Acquisition by 31.7% in the first quarter. DLD Asset Management LP now owns 111,841 shares of the company's stock valued at $1,211,000 after purchasing an additional 26,889 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in American Exceptionalism Acquisition by 243.4% in the first quarter. Kestra Advisory Services LLC now owns 54,600 shares of the company's stock valued at $591,000 after purchasing an additional 38,700 shares during the last quarter. Finally, Moore Capital Management LP grew its position in American Exceptionalism Acquisition by 9.1% during the 4th quarter. Moore Capital Management LP now owns 1,200,000 shares of the company's stock worth $13,668,000 after purchasing an additional 100,000 shares during the period.

American Exceptionalism Acquisition Stock Performance

Shares of NYSE AEXA traded down $0.06 during mid-day trading on Thursday, hitting $10.74. The stock had a trading volume of 475,877 shares, compared to its average volume of 127,365. The firm has a market cap of $531.20 million and a PE ratio of 89.34. The company has a 50 day moving average of $11.32 and a two-hundred day moving average of $11.36. American Exceptionalism Acquisition has a twelve month low of $10.49 and a twelve month high of $11.99.

American Exceptionalism Acquisition (NYSE:AEXA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The company reported $0.06 EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded American Exceptionalism Acquisition from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Thursday, August 20th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has a consensus rating of "Sell".

American Exceptionalism Acquisition Company Profile

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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