Short Interest in FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) Drops By 78.6%

FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) saw a large decrease in short interest during the month of 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 days-to-cover ratio is presently 0.0 days.

Institutional Trading of FIGX Capital Acquisition

A hedge fund recently raised its position in FIGX Capital Acquisition stock. Clear Street Group Inc. increased its holdings in FIGX Capital Acquisition Corp. (NASDAQ:FIGXU) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 234,841 shares of the company’s stock after purchasing an additional 18,641 shares during the quarter. Clear Street Group Inc.’s holdings in FIGX Capital Acquisition were worth $2,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

FIGX Capital Acquisition Stock Performance

FIGXU traded up $0.00 during trading on Friday, hitting $10.35. FIGX Capital Acquisition has a fifty-two week low of $10.05 and a fifty-two week high of $11.31. The business’s 50-day moving average price is $10.37 and its two-hundred day moving average price is $10.29.

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.