Focus Impact Acquisition (NASDAQ:FIACU) Shares Down 2.5%

Focus Impact Acquisition Corp. (NASDAQ:FIACU) fell 2.5% during mid-day trading on Friday . The stock traded as low as $10.62 and last traded at $10.62. 204 shares traded hands during trading, a decline of 80% from the average session volume of 1,036 shares. The stock had previously closed at $10.89.

Focus Impact Acquisition Trading Down 2.5 %

The company’s 50-day moving average is $10.78 and its 200-day moving average is $10.54.

Institutional Trading of Focus Impact Acquisition

Hedge funds have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC boosted its position in Focus Impact Acquisition by 10.1% in the second quarter. Cubist Systematic Strategies LLC now owns 186,946 shares of the company’s stock valued at $1,883,000 after buying an additional 17,213 shares in the last quarter. Walleye Capital LLC acquired a new stake in Focus Impact Acquisition in the first quarter valued at approximately $227,000. Finally, UBS Group AG lifted its holdings in shares of Focus Impact Acquisition by 106.9% during the third quarter. UBS Group AG now owns 2,559 shares of the company’s stock worth $26,000 after purchasing an additional 1,322 shares during the period.

Focus Impact Acquisition Company Profile

Focus Impact Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in the education technology, technology-enabled manufacturing and services, and financial and healthcare technology sectors.