FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) Short Interest Down 78.6% in August

FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 6 shares, a decrease of 78.6% from the July 30th total of 28 shares. Based on an average daily trading volume, of 205 shares, the short-interest ratio is currently 0.0 days.

FIGX Capital Acquisition Stock Performance

Shares of NASDAQ FIGXU opened at $10.35 on Wednesday. The stock’s fifty day simple moving average is $10.36 and its 200 day simple moving average is $10.29. FIGX Capital Acquisition has a 52-week low of $10.05 and a 52-week high of $11.31.

Institutional Investors Weigh In On FIGX Capital Acquisition

A hedge fund recently raised its position in FIGX Capital Acquisition stock. Clear Street Group Inc. boosted its holdings in shares of FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 234,841 shares of the company’s stock after acquiring an additional 18,641 shares during the quarter. Clear Street Group Inc.’s holdings in FIGX Capital Acquisition were worth $2,391,000 at the end of the most recent reporting period.

About FIGX Capital Acquisition

We are a blank check company incorporated on February 20, 2025, as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any industry, we currently intend to concentrate our efforts in identifying businesses in the financial industry group (FIG Sector), with a focus on differentiated private wealth/asset managers positioned to become multi-asset fund management platforms with diversified distribution channels and global market presence.