Future Money Acquisition Corporation (NASDAQ:FMAC – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 49,464 shares, an increase of 278.1% from the May 31st total of 13,083 shares. Based on an average trading volume of 14,951 shares, the days-to-cover ratio is presently 3.3 days. Currently, 0.1% of the company’s shares are sold short.
Future Money Acquisition Stock Down 0.2%
FMAC stock traded down $0.02 during midday trading on Friday, hitting $9.98. The stock had a trading volume of 14,703 shares, compared to its average volume of 146,277. Future Money Acquisition has a 12-month low of $9.90 and a 12-month high of $10.02.
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