Focus Impact Acquisition Corp. (NASDAQ:FIAC – Get Rating) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 3,500 shares, a growth of 25.0% from the October 15th total of 2,800 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 44,300 shares, the short-interest ratio is presently 0.1 days.

Focus Impact Acquisition Price Performance

NASDAQ:FIAC remained flat at $10.07 during trading hours on Tuesday. The company's stock had a trading volume of 4,185 shares, compared to its average volume of 58,855. The stock has a fifty day simple moving average of $10.01 and a 200-day simple moving average of $9.97. Focus Impact Acquisition has a one year low of $9.68 and a one year high of $10.44.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Cohanzick Management LLC purchased a new stake in shares of Focus Impact Acquisition during the first quarter worth $40,000. Royal Bank of Canada purchased a new stake in shares of Focus Impact Acquisition during the first quarter worth $73,000. Glazer Capital LLC increased its position in shares of Focus Impact Acquisition by 1,524.4% during the third quarter. Glazer Capital LLC now owns 10,656 shares of the company's stock worth $107,000 after acquiring an additional 10,000 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of Focus Impact Acquisition during the first quarter worth $112,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Focus Impact Acquisition during the first quarter worth $146,000. 63.75% of the stock is currently owned by institutional investors and hedge funds.

About Focus Impact Acquisition

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.

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