Future Vision II Acquisition Corp. (NASDAQ:FVNNR) Short Interest Down 42.1% in December

Future Vision II Acquisition Corp. (NASDAQ:FVNNR) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,390 shares, a drop of 42.1% from the December 15th total of 5,854 shares. Based on an average daily volume of 15,983 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 15,983 shares, the days-to-cover ratio is presently 0.2 days.

Future Vision II Acquisition Stock Performance

Shares of FVNNR traded down $0.02 during trading hours on Friday, reaching $0.14. 413 shares of the company’s stock traded hands, compared to its average volume of 7,830. Future Vision II Acquisition has a 12 month low of $0.12 and a 12 month high of $0.20. The firm’s 50 day simple moving average is $0.15 and its 200-day simple moving average is $0.17.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Future Vision II Acquisition in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.