Figure Acquisition Corp. I (NYSE:FACA) Stock Price Down 0.1%

Figure Acquisition Corp. I (NYSE:FACA – Get Rating) dropped 0.1% during trading on Wednesday . The stock traded as low as $10.04 and last traded at $10.04. Approximately 900 shares changed hands during trading, a decline of 99% from the average daily volume of 84,103 shares. The stock had previously closed at $10.05.

Figure Acquisition Corp. I Stock Performance

The company has a 50 day moving average price of $10.03 and a 200 day moving average price of $9.92.

Institutional Trading of Figure Acquisition Corp. I

Several institutional investors have recently added to or reduced their stakes in FACA. Captrust Financial Advisors bought a new stake in Figure Acquisition Corp. I in the 1st quarter valued at $97,000. Robinson Capital Management LLC bought a new stake in Figure Acquisition Corp. I in the 3rd quarter valued at $113,000. Centiva Capital LP bought a new stake in Figure Acquisition Corp. I in the 2nd quarter valued at $124,000. Cubist Systematic Strategies LLC bought a new stake in Figure Acquisition Corp. I in the 2nd quarter valued at $137,000. Finally, Virtu Financial LLC bought a new stake in Figure Acquisition Corp. I in the 3rd quarter valued at $165,000. 60.33% of the stock is currently owned by institutional investors.

About Figure Acquisition Corp. I

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Figure Acquisition Corp. I does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination in the financial technology and financial services sector. The company was incorporated in 2020 and is based in San Francisco, California.