FutureTech II Acquisition Corp. (NASDAQ:FTII) Short Interest Update

Key Points

• FutureTech II Acquisition Corp. (NASDAQ:FTII) experienced a significant drop in short interest of 75.7% in September, ending with just 2,500 shares short.
• The current short-interest ratio is 25.0 days, calculated based on an average daily volume of 100 shares.
• The company's stock opened at $12.02, near its 50-day moving average of $12.11, with a one-year price range between $10.52 and $14.00.

FutureTech II Acquisition Corp. (NASDAQ:FTII - ) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,500 shares, a drop of 75.7% from the August 31st total of 10,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 25.0 days. Based on an average daily volume of 100 shares, the short-interest ratio is currently 25.0 days.

FutureTech II Acquisition Price Performance

Shares of FutureTech II Acquisition stock opened at $12.02 on Wednesday. The firm's 50-day moving average price is $12.11 and its two-hundred day moving average price is $11.77. FutureTech II Acquisition has a 1-year low of $10.52 and a 1-year high of $14.00.

About FutureTech II Acquisition

FutureTech II Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire and manage a business in the technology industry.

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