Short Interest in Focus Impact Acquisition Corp. (NASDAQ:FIAC) Increases By 40.0%

Focus Impact Acquisition Corp. (NASDAQ:FIAC - Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 2,100 shares, a growth of 40.0% from the September 15th total of 1,500 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Trading of Focus Impact Acquisition

An institutional investor recently bought a new position in Focus Impact Acquisition stock. Cowen AND Company LLC acquired a new stake in Focus Impact Acquisition Corp. (NASDAQ:FIAC - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 32,088 shares of the company's stock, valued at approximately $358,000. Cowen AND Company LLC owned 0.43% of Focus Impact Acquisition at the end of the most recent quarter. 75.79% of the stock is currently owned by hedge funds and other institutional investors.

Focus Impact Acquisition Price Performance

Shares of Focus Impact Acquisition stock remained flat at $9.20 on Friday. The stock had a trading volume of 45 shares, compared to its average volume of 3,737. Focus Impact Acquisition has a 12 month low of $9.20 and a 12 month high of $14.08. The business has a fifty day simple moving average of $11.00 and a two-hundred day simple moving average of $11.08.

Focus Impact Acquisition Company Profile

Focus Impact Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses operating in education technology, technology-enabled manufacturing and services, and financial and healthcare technology sectors.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.