FortuneX Acquisition Corporation (NASDAQ:FXAC) Short Interest Update

FortuneX Acquisition Corporation (NASDAQ:FXAC) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,450 shares, an increase of 225.8% from the August 15th total of 445 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,343 shares, the days-to-cover ratio is currently 0.4 days.

FortuneX Acquisition Trading Down 0.1%

FortuneX Acquisition stock traded down $0.01 during trading hours on Monday, reaching $10.07. 212,034 shares of the company’s stock traded hands, compared to its average volume of 62,173. FortuneX Acquisition has a fifty-two week low of $9.97 and a fifty-two week high of $10.43. The business’s 50 day moving average price is $10.04.

FortuneX Acquisition Company Profile

FortuneX Acquisition Corporation is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. FortuneX Acquisition Corporation is based in New York.