Short Interest in Future Vision II Acquisition Corp. (NASDAQ:FVNNU) Rises By 433.3%

Future Vision II Acquisition Corp. (NASDAQ:FVNNU) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 32 shares, a growth of 433.3% from the July 15th total of 6 shares. Based on an average daily volume of 2,188 shares, the short-interest ratio is currently 0.0 days.

Future Vision II Acquisition Stock Performance

Shares of NASDAQ FVNNU traded up $0.08 during midday trading on Friday, hitting $10.75. The company’s stock had a trading volume of 11 shares, compared to its average volume of 1,828. The stock has a fifty day moving average price of $10.98 and a 200 day moving average price of $11.00. Future Vision II Acquisition has a one year low of $8.80 and a one year high of $14.95.

Future Vision II Acquisition Company Profile

Future Vision II Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) formed to raise capital through an initial public offering and pursue mergers, capital stock exchanges, asset acquisitions or other business combinations. The company’s units trade on the Nasdaq under the ticker FVNNU, with each unit consisting of one share of common stock and a fraction of a warrant. Upon completion of its IPO, proceeds from the offering were placed in a trust account, pending approval by shareholders for a proposed business combination.

As a blank check entity, Future Vision II does not conduct any commercial operations of its own.