FG Merger II Corp. (NASDAQ:FGMC) Short Interest Up 59.6% in May

Posted by Brenda Bartman on Jun 16th, 2026

FG Merger II Corp. (NASDAQ:FGMC – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 61,535 shares, an increase of 59.6% from the May 14th total of 38,552 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average trading volume of 58,524 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FGMC. Flow Traders U.S. LLC bought a new position in FG Merger II in the 2nd quarter worth approximately $115,000. Crossingbridge Advisors LLC raised its position in shares of FG Merger II by 148.8% during the fourth quarter. Crossingbridge Advisors LLC now owns 60,904 shares of the company’s stock valued at $610,000 after buying an additional 36,424 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in shares of FG Merger II in the second quarter worth $789,000. DLD Asset Management LP boosted its position in shares of FG Merger II by 10.7% during the fourth quarter. DLD Asset Management LP now owns 110,725 shares of the company’s stock worth $1,112,000 after acquiring an additional 10,725 shares during the last quarter. Finally, Quarry LP boosted its position in shares of FG Merger II by 128.8% during the third quarter. Quarry LP now owns 177,635 shares of the company’s stock worth $1,775,000 after acquiring an additional 100,000 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen lowered shares of FG Merger II from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of FG Merger II in a report on Friday, May 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Stock Report on FG Merger II

FG Merger II Stock Up 3.9%

FGMC stock traded up $0.36 during trading on Tuesday, reaching $9.56. The company’s stock had a trading volume of 37,420 shares, compared to its average volume of 98,589. FG Merger II has a 1 year low of $9.00 and a 1 year high of $11.76. The company has a market capitalization of $24.86 million, a P/E ratio of 956.00 and a beta of 0.07. The company’s fifty day moving average is $10.23 and its 200-day moving average is $10.13.

FG Merger II (NASDAQ:FGMC – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.04 EPS for the quarter.

About FG Merger II

(Get Free Report)

FG Merger II is a special purpose acquisition company (SPAC) incorporated in Delaware in 2022. The company was formed for the purpose of effecting a merger, stock exchange, asset acquisition or similar business combination. It completed its initial public offering on the Nasdaq under the symbol FGMC and, to date, has not identified a definitive target or commenced substantive operations beyond the SPAC formation.

The company intends to pursue opportunities in financial technology, financial services and adjacent technology-driven sectors.