Short Interest in FACT II Acquisition Corp. Unit (NASDAQ:FACTU) Declines By 41.2%

FACT II Acquisition Corp. Unit (NASDAQ:FACTU) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 100 shares, a decrease of 41.2% from the June 15th total of 170 shares. Based on an average daily trading volume, of 678 shares, the days-to-cover ratio is presently 0.1 days.

FACT II Acquisition Corp. Unit Price Performance

Shares of NASDAQ:FACTU remained flat at $10.83 during midday trading on Thursday. The company has a 50 day simple moving average of $11.19 and a two-hundred day simple moving average of $10.89. FACT II Acquisition Corp. Unit has a 1 year low of $10.25 and a 1 year high of $15.00.

Hedge Funds Weigh In On FACT II Acquisition Corp. Unit

An institutional investor recently raised its stake in FACT II Acquisition Corp. Unit stock. OMERS ADMINISTRATION Corp raised its holdings in FACT II Acquisition Corp. Unit (NASDAQ:FACTU) by 34.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,365 shares of the company’s stock after buying an additional 3,946 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in FACT II Acquisition Corp. Unit were worth $162,000 at the end of the most recent quarter.

About FACT II Acquisition Corp. Unit

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.