Feutune Light Acquisition Co. (NASDAQ:FLFV) Short Interest Down 68.8% in January

Feutune Light Acquisition Co. (NASDAQ:FLFVGet Free Report) was the recipient of a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decrease of 68.8% from the January 15th total of 3,200 shares. Based on an average trading volume of 22,000 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Feutune Light Acquisition Price Performance

FLFV stock remained flat at $10.88 on Monday. The company had a trading volume of 1,452 shares, compared to its average volume of 59,408. The company has a fifty day moving average of $10.82 and a two-hundred day moving average of $10.75. Feutune Light Acquisition has a 52-week low of $10.28 and a 52-week high of $12.01.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FLFV. Two Sigma Investments LP acquired a new stake in Feutune Light Acquisition in the third quarter valued at $2,114,000. Aristeia Capital LLC grew its holdings in Feutune Light Acquisition by 4.4% in the fourth quarter. Aristeia Capital LLC now owns 470,000 shares of the company’s stock valued at $4,780,000 after purchasing an additional 20,000 shares during the last quarter. Shaolin Capital Management LLC grew its holdings in Feutune Light Acquisition by 10.1% in the fourth quarter. Shaolin Capital Management LLC now owns 382,400 shares of the company’s stock valued at $3,889,000 after purchasing an additional 35,000 shares during the last quarter. Glazer Capital LLC acquired a new stake in Feutune Light Acquisition in the first quarter valued at $5,683,000. Finally, Sea Otter Advisors LLC acquired a new stake in Feutune Light Acquisition in the first quarter valued at $589,000. Institutional investors and hedge funds own 41.63% of the company’s stock.

Feutune Light Acquisition Company Profile

(Get Free Report)

Feutune Light Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2022 and is based in Metuchen, New Jersey.

Read More

Receive News & Ratings for Feutune Light Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Feutune Light Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.