Short Interest in Futurewave Acquisition Corporation (NASDAQ:FWAC) Drops By 60.4%

Futurewave Acquisition Corporation (NASDAQ:FWACGet Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,817 shares, a decline of 60.4% from the August 15th total of 7,122 shares. Based on an average trading volume of 37,908 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Futurewave Acquisition Stock Performance

Shares of FWAC traded down $0.01 during mid-day trading on Monday, hitting $9.94. 500,009 shares of the company traded hands, compared to its average volume of 110,168. Futurewave Acquisition has a 1-year low of $9.85 and a 1-year high of $9.95.

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