Future Vision II Acquisition Corp. (NASDAQ:FVNNU – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 392 shares, a growth of 811.6% from the August 31st total of 43 shares. Based on an average trading volume of 2,740 shares, the days-to-cover ratio is presently 0.1 days.
Future Vision II Acquisition Stock Performance
Future Vision II Acquisition stock traded down $0.06 during mid-day trading on Thursday, reaching $11.93. The company’s stock had a trading volume of 126 shares, compared to its average volume of 2,019. Future Vision II Acquisition has a twelve month low of $8.80 and a twelve month high of $20.87. The business has a 50 day moving average price of $12.34 and a 200-day moving average price of $11.40.
Future Vision II Acquisition Company Profile
Future Vision II Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and pursue mergers, capital stock exchanges, asset acquisitions or other business combinations. The company’s units trade on the Nasdaq under the ticker FVNNU, with each unit consisting of one share of common stock and a fraction of a warrant. Upon completion of its IPO, proceeds from the offering were placed in a trust account, pending approval by shareholders for a proposed business combination.
As a blank check entity, Future Vision II does not conduct any commercial operations of its own.
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