FIGX Capital Acquisition Corp. (NASDAQ:FIGX) Stock Short Interest Report for September

FIGX Capital Acquisition Corp. (NASDAQ:FIGX) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 26 shares, a drop of 85.5% from the September 15th total of 179 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 47,450 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of FIGX Capital Acquisition

Large investors have recently added to or reduced their stakes in the business. Sona Asset Management US LLC acquired a new position in FIGX Capital Acquisition in the first quarter worth approximately $1,090,000. Radcliffe Capital Management L.P. lifted its position in shares of FIGX Capital Acquisition by 8.2% during the 4th quarter. Radcliffe Capital Management L.P. now owns 331,994 shares of the company’s stock valued at $3,340,000 after acquiring an additional 25,041 shares during the last quarter. Magnetar Financial LLC bought a new stake in shares of FIGX Capital Acquisition during the 4th quarter worth $5,030,000. Finally, Mint Tower Capital Management B.V. bought a new stake in shares of FIGX Capital Acquisition during the 4th quarter worth $2,264,000.

FIGX Capital Acquisition Price Performance

Shares of NASDAQ FIGX opened at $10.37 on Friday. FIGX Capital Acquisition has a twelve month low of $10.01 and a twelve month high of $10.38. The firm has a 50-day moving average of $10.32 and a two-hundred day moving average of $10.25.

FIGX Capital Acquisition (NASDAQ:FIGX) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.06 earnings per share (EPS) for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded FIGX Capital Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, FIGX Capital Acquisition currently has an average rating of “Sell”.

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.