Short Interest in Forum Merger IV Co. (NASDAQ:FMIV) Drops By 54.5%

( ) experienced a significant decrease in short-term interest during the month of April. On April 30, there were 500 shares of short interest, which is a 54.5% decrease from the total of 1,100 on April 15. At the moment, 0% of shares are being shorted. The short-interest rate is currently 0.0 days based on an average daily volume of 96.300 shares.

Inflows of Institutional Capital and Outflows

Recently, several hedge funds bought and sold the shares of this company. Spartan Fund Management Inc. increased its holdings of Forum Merger IV in the first quarter by 145.2%. Spartan Fund Management Inc. owns 184.900 shares worth $1.880,000, after purchasing an additional 109.500 shares. Gritstone Asset Management LLC increased its holdings of shares of Forum Merger IV during the first quarter by 36.4%. Gritstone Asset Management LLC owns 108.064 shares valued at $1.097,000, after buying an additional 28.836 shares in the last quarter. Mizuho Securities USA LLC acquired a new stake in Forum Merger IV shares during the first quarter, valued at approximately $3,076,000. Shaolin Capital Management LLC increased its holdings of shares of Forum Merger IV during the fourth quarter by 20.4%. Shaolin Capital Management LLC owns 700,000.00 shares of the stock worth $7,021,000, after buying an additional 118.685 shares in the last quarter. Jane Street Group LLC acquired a new stake in Forum Merger IV shares during the fourth quarter, valued at approximately $13,606,000. The stock rose $0.06 to $10.24 during the mid-day session on Thursday. Stock traded 49,824 times its average of 123115 shares. The 50-day moving average of the firm is $10.17, and its 200-day moving average is $10.007. Forum Merger IV's one-year low is $9.74, and its one-year high is $10.82.

Forum Merger IV Company profile

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Forum Merger IV Corporation has no significant operations. It plans to carry out a merger, stock exchange, asset purchase, stock acquisition, reorganization or other similar business combination. The company was founded in 2021 in Delray Beach in Florida.

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