Focus Impact Acquisition (NASDAQ:FIAC) Stock Price Up 0.1%

Focus Impact Acquisition Corp. (NASDAQ:FIAC)’s stock price rose 0.1% during trading on Monday . The stock traded as high as $11.06 and last traded at $11.06. Approximately 56,414 shares were traded during mid-day trading, an increase of 265% from the average daily volume of 15,451 shares. The stock had previously closed at $11.05.

Focus Impact Acquisition Stock Up 0.1 %

The company’s 50 day simple moving average is $11.02 and its 200 day simple moving average is $10.95.

Institutional Investors Weigh In On Focus Impact Acquisition

Several large investors have recently made changes to their positions in FIAC. Periscope Capital Inc. increased its position in shares of Focus Impact Acquisition by 2.9% during the third quarter. Periscope Capital Inc. now owns 231,441 shares of the company’s stock worth $2,505,000 after acquiring an additional 6,441 shares in the last quarter. Shaolin Capital Management LLC increased its position in shares of Focus Impact Acquisition by 200.0% during the third quarter. Shaolin Capital Management LLC now owns 175,000 shares of the company’s stock worth $1,888,000 after acquiring an additional 350,000 shares in the last quarter. PenderFund Capital Management Ltd. bought a new stake in shares of Focus Impact Acquisition during the fourth quarter worth $273,000. Finally, Quarry LP acquired a new position in Focus Impact Acquisition during the fourth quarter worth $1,599,000. Institutional investors own 75.79% of the company’s stock.

About Focus Impact Acquisition

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.