Short Interest in Freedom Metals Acquisition Corp. (NASDAQ:FDMM) Increases By 1,021.8%

Freedom Metals Acquisition Corp. (NASDAQ:FDMM) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 2,524 shares, a growth of 1,021.8% from the August 15th total of 225 shares. Based on an average daily volume of 652 shares, the days-to-cover ratio is currently 3.9 days. Approximately 0.0% of the shares of the stock are sold short.

Freedom Metals Acquisition Stock Performance

Shares of Freedom Metals Acquisition stock traded down $0.03 on Thursday, hitting $9.82. 16,662 shares of the company were exchanged, compared to its average volume of 64,873. Freedom Metals Acquisition has a 1-year low of $9.78 and a 1-year high of $9.88.

About Freedom Metals Acquisition

Freedom Metals Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Freedom Metals Acquisition Corp. is based in Miami, Florida.