Fifth Wall Acquisition Corp. III (NASDAQ:FWAC – Get Rating) was the recipient of a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 2,900 shares, a growth of 107.1% from the July 31st total of 1,400 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 67,100 shares, the days-to-cover ratio is currently 0.0 days.
Hedge Funds Weigh In On Fifth Wall Acquisition Corp. III
Hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC acquired a new stake in Fifth Wall Acquisition Corp. III during the second quarter worth approximately $25,000. UBS Group AG grew its stake in Fifth Wall Acquisition Corp. III by 86.5% during the second quarter. UBS Group AG now owns 3,227 shares of the company's stock worth $31,000 after purchasing an additional 1,497 shares during the period. Bulldog Investors LLP acquired a new stake in Fifth Wall Acquisition Corp. III during the fourth quarter worth approximately $149,000. Angelo Gordon & CO. L.P. acquired a new stake in Fifth Wall Acquisition Corp. III during the first quarter worth approximately $486,000. Finally, Sandia Investment Management LP acquired a new stake in Fifth Wall Acquisition Corp. III during the fourth quarter worth approximately $994,000. 89.82% of the stock is currently owned by institutional investors.
Get Fifth Wall Acquisition Corp. III alerts:Fifth Wall Acquisition Corp. III Price Performance
Shares of FWAC remained flat at $9.79 during mid-day trading on Friday. The stock had a trading volume of 149,540 shares, compared to its average volume of 93,037. Fifth Wall Acquisition Corp. III has a 52 week low of $9.63 and a 52 week high of $10.12. The stock has a 50 day simple moving average of $9.77 and a 200 day simple moving average of $9.74.
About Fifth Wall Acquisition Corp. III
(Get Rating)Fifth Wall Acquisition Corp. III 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. It intends to focus on real estate technology sector. The company was incorporated in 2021 and is based in Los Angeles, California.
Read More
- Get a free copy of the StockNews.com research report on Fifth Wall Acquisition Corp. III (FWAC)
- Why This Dip in Advanced Auto Parts May be an Opportunity
- MarketBeat: Week in Review 8/22 – 8/26
- Institutional Buying Put A Bottom In Marvell Technology
- Dell Stock Retreats On Weaker Sales, Falls Into Value Terrirtory
- 3 Reasons Dollar General's Rally Has Legs
Receive News & Ratings for Fifth Wall Acquisition Corp. III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fifth Wall Acquisition Corp. III and related companies with MarketBeat.com's FREE daily email newsletter.