Futurewave Acquisition Corp (NASDAQ:FWACU) Short Interest Down 98.7% in August

Posted by Jessica Moore on Aug 27th, 2026

Futurewave Acquisition Corp (NASDAQ:FWACU – Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 784 shares, a drop of 98.7% from the July 30th total of 60,782 shares. Based on an average daily volume of 241 shares, the short-interest ratio is presently 3.3 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Futurewave Acquisition to a “hold” rating in a report on Saturday, July 4th.

Check Out Our Latest Report on FWACU

Futurewave Acquisition Price Performance

Shares of NASDAQ:FWACU opened at $10.13 on Thursday. The business has a fifty day simple moving average of $10.09. Futurewave Acquisition has a 52 week low of $10.00 and a 52 week high of $10.24.

Institutional Investors Weigh In On Futurewave Acquisition

A hedge fund recently raised its position in Futurewave Acquisition stock. Readystate Asset Management LP increased its holdings in shares of Futurewave Acquisition Corp (NASDAQ:FWACU – Free Report) by 127.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,357 shares of the company’s stock after buying an additional 37,694 shares during the quarter. Readystate Asset Management LP’s holdings in Futurewave Acquisition were worth $694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Futurewave Acquisition

(Get Free Report)

Futurewave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses. Companies like Futurewave Acquisition are typically created to help identify and combine with an operating business, rather than to run a traditional commercial operation themselves.

As a blank check company, Futurewave Acquisition does not provide a broad portfolio of products or services in the conventional sense.