Focus Impact Acquisition Corp. (NASDAQ:FIAC – Get Rating) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 2,100 shares, a decrease of 54.3% from the November 15th total of 4,600 shares. Based on an average trading volume of 50,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's stock are short sold.

Hedge Funds Weigh In On Focus Impact Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sculptor Capital LP boosted its holdings in shares of Focus Impact Acquisition by 318.2% in the 1st quarter. Sculptor Capital LP now owns 1,254,666 shares of the company's stock worth $12,459,000 after buying an additional 954,666 shares during the last quarter. Millennium Management LLC bought a new position in shares of Focus Impact Acquisition during the 2nd quarter valued at approximately $4,866,000. Marshall Wace LLP increased its stake in shares of Focus Impact Acquisition by 87.5% during the 3rd quarter. Marshall Wace LLP now owns 883,598 shares of the company's stock worth $8,854,000 after purchasing an additional 412,282 shares during the last quarter. Periscope Capital Inc. raised its holdings in shares of Focus Impact Acquisition by 47.9% in the 3rd quarter. Periscope Capital Inc. now owns 1,214,118 shares of the company's stock worth $12,165,000 after purchasing an additional 393,418 shares during the period. Finally, P Schoenfeld Asset Management LP purchased a new position in Focus Impact Acquisition in the first quarter valued at approximately $3,807,000. Hedge funds and other institutional investors own 63.75% of the company's stock.

Focus Impact Acquisition Stock Down 0.1 %

Focus Impact Acquisition stock traded down $0.01 during midday trading on Tuesday, hitting $10.14. 718,094 shares of the stock were exchanged, compared to its average volume of 66,181. Focus Impact Acquisition has a 52-week low of $9.68 and a 52-week high of $10.44. The business's 50-day moving average price is $10.06 and its 200-day moving average price is $10.00.

Focus Impact Acquisition Company Profile

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

Further Reading

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