Short Interest in FortuneX Acquisition Corporation (NASDAQ:FXAC) Increases By 168.7%

FortuneX Acquisition Corporation (NASDAQ:FXAC) was the target of a large increase in short interest in July. As of July 31st, there was short interest totaling 5,254 shares, an increase of 168.7% from the July 15th total of 1,955 shares. Based on an average daily trading volume, of 10,835 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

FortuneX Acquisition Price Performance

Shares of NASDAQ:FXAC traded up $0.01 during trading on Friday, reaching $10.04. The company had a trading volume of 566 shares, compared to its average volume of 37,983. FortuneX Acquisition has a 12 month low of $9.97 and a 12 month high of $10.43.

About FortuneX Acquisition

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.