Focus Impact Acquisition Corp. (NASDAQ:FIAC – Get Rating) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 8,700 shares, a drop of 8.4% from the December 31st total of 9,500 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 93,000 shares, the short-interest ratio is currently 0.1 days.
Focus Impact Acquisition Stock Down 0.1 %
FIAC opened at $10.28 on Wednesday. Focus Impact Acquisition has a fifty-two week low of $9.83 and a fifty-two week high of $10.49. The business has a 50-day moving average of $10.18 and a 200-day moving average of $10.06.
Get Focus Impact Acquisition alerts:Institutional Investors Weigh In On Focus Impact Acquisition
A number of hedge funds and other institutional investors have recently made changes to their positions in FIAC. Calamos Advisors LLC purchased a new stake in shares of Focus Impact Acquisition during the 4th quarter worth about $10,705,000. Millennium Management LLC purchased a new stake in shares of Focus Impact Acquisition during the 2nd quarter worth about $4,866,000. Marshall Wace LLP raised 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 in the last quarter. Periscope Capital Inc. raised its stake in shares of Focus Impact Acquisition by 47.9% during 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 in the last quarter. Finally, Spring Creek Capital LLC bought a new position in shares of Focus Impact Acquisition in the 1st quarter valued at approximately $3,479,000. 69.50% of the stock is owned by hedge funds and other institutional investors.
About Focus Impact Acquisition
(Get Rating)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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