Short Interest in FortuneX Acquisition Corporation (NASDAQ:FXAC) Expands By 225.8%

FortuneX Acquisition Corporation (NASDAQ:FXAC) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,450 shares, a growth of 225.8% from the August 15th total of 445 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,343 shares, the days-to-cover ratio is presently 0.4 days.

FortuneX Acquisition Trading Down 0.0%

Shares of FortuneX Acquisition stock traded down $0.00 during midday trading on Friday, hitting $10.08. 440,259 shares of the company traded hands, compared to its average volume of 29,465. The business has a fifty day simple moving average of $10.04. 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.