FortuneX Acquisition Corporation (NASDAQ:FXAC – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 700 shares, a growth of 295.5% from the September 30th total of 177 shares. Based on an average trading volume of 7,228 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.
FortuneX Acquisition Stock Up 0.2%
FortuneX Acquisition stock traded up $0.03 during midday trading on Wednesday, reaching $10.12. 70,027 shares of the company traded hands, compared to its average volume of 55,399. The company’s 50 day simple moving average is $10.09. FortuneX Acquisition has a 12 month low of $9.97 and a 12 month 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.
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