FinTech Acquisition Corp. VI (NASDAQ:FTVI) Short Interest Update

FinTech Acquisition Corp. VI (NASDAQ:FTVIGet Rating) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 3,800 shares, an increase of 22.6% from the March 31st total of 3,100 shares. Based on an average trading volume of 48,000 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Several hedge funds and other institutional investors have recently bought and sold shares of FTVI. Boussard & Gavaudan Investment Management LLP acquired a new position in shares of FinTech Acquisition Corp. VI in the 3rd quarter valued at about $249,000. Segantii Capital Management Ltd acquired a new position in shares of FinTech Acquisition Corp. VI in the 3rd quarter valued at about $762,000. MMCAP International Inc. SPC bought a new stake in FinTech Acquisition Corp. VI in the 3rd quarter valued at about $12,688,000. K2 Principal Fund L.P. bought a new stake in FinTech Acquisition Corp. VI in the 3rd quarter valued at about $2,852,000. Finally, Union Square Park Capital Management LLC bought a new stake in FinTech Acquisition Corp. VI in the 3rd quarter valued at about $1,806,000. 52.03% of the stock is owned by institutional investors and hedge funds.

FTVI stock traded down $0.01 during mid-day trading on Tuesday, hitting $9.84. 32,024 shares of the company were exchanged, compared to its average volume of 139,611. FinTech Acquisition Corp. VI has a twelve month low of $9.48 and a twelve month high of $10.00. The firm has a fifty day simple moving average of $9.81 and a 200 day simple moving average of $9.81.

About FinTech Acquisition Corp. VI (Get Rating)

FinTech Acquisition Corp. VI does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify businesses providing technological services to the financial services industry.

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