Short Interest in FortuneX Acquisition Corporation (NASDAQ:FXAC) Declines By 91.5%

FortuneX Acquisition Corporation (NASDAQ:FXAC) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 445 shares, a drop of 91.5% from the July 30th total of 5,254 shares. Based on an average daily trading volume, of 66,057 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

FortuneX Acquisition Trading Down 0.2%

FortuneX Acquisition stock traded down $0.02 during midday trading on Thursday, hitting $10.08. The company’s stock had a trading volume of 11,568 shares, compared to its average volume of 49,545. FortuneX Acquisition has a 1-year low of $9.97 and a 1-year high of $10.43.

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.