Focus Impact Acquisition (NASDAQ:FIAC) Shares Up 0.1%

Focus Impact Acquisition Corp. (NASDAQ:FIAC) rose 0.1% on Monday . The company traded as high as $11.06 and last traded at $11.06. Approximately 56,414 shares traded hands during mid-day trading, an increase of 265% from the average daily volume of 15,451 shares. The stock had previously closed at $11.05.

Focus Impact Acquisition Stock Up 0.1 %

The company has a fifty day moving average of $11.02 and a 200-day moving average of $10.96.

Hedge Funds Weigh In On Focus Impact Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PenderFund Capital Management Ltd. purchased a new stake in shares of Focus Impact Acquisition during the fourth quarter worth $273,000. Quarry LP purchased a new stake in Focus Impact Acquisition during the 4th quarter worth about $1,599,000. Shaolin Capital Management LLC boosted its stake in shares of Focus Impact Acquisition by 200.0% in the 3rd quarter. Shaolin Capital Management LLC now owns 175,000 shares of the company’s stock valued at $1,888,000 after buying an additional 350,000 shares during the period. Finally, Periscope Capital Inc. grew its position in shares of Focus Impact Acquisition by 2.9% during the third quarter. Periscope Capital Inc. now owns 231,441 shares of the company’s stock worth $2,505,000 after buying an additional 6,441 shares in the last quarter. Hedge funds and other institutional investors own 75.79% of the company’s stock.

Focus Impact Acquisition Company Profile

Focus Impact Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the education technology, technology-enabled manufacturing and services, and financial and healthcare technology sectors.