Focus Impact Acquisition Corp. (NASDAQ:FIAC) Short Interest Update

Focus Impact Acquisition Corp. (NASDAQ:FIAC) was the target of a significant growth in short interest during the month of 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. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 6,500 shares, the short-interest ratio is currently 0.3 days.

Focus Impact Acquisition Stock Up 3.4 %

FIAC stock opened at $9.51 on Tuesday. The firm’s 50-day simple moving average is $10.96 and its 200 day simple moving average is $11.07. Focus Impact Acquisition has a fifty-two week low of $9.20 and a fifty-two week high of $14.08.

Institutional Investors Weigh In On Focus Impact Acquisition

A hedge fund recently bought a new stake in Focus Impact Acquisition stock. Wolverine Asset Management LLC acquired a new position in Focus Impact Acquisition Corp. (NASDAQ:FIAC) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 97,500 shares of the company’s stock, valued at approximately $1,087,000. Wolverine Asset Management LLC owned approximately 1.31% of Focus Impact Acquisition at the end of the most recent reporting period. Institutional investors own 75.79% of the company’s stock.

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.