FACT II Acquisition Corp. Unit (NASDAQ:FACTU) Short Interest Up 177.1% in April

FACT II Acquisition Corp. Unit (NASDAQ:FACTU) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 133 shares, a growth of 177.1% from the April 15th total of 48 shares. Based on an average daily volume of 297 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On FACT II Acquisition Corp. Unit

A number of institutional investors have recently made changes to their positions in the stock. OMERS ADMINISTRATION Corp lifted its position in shares of FACT II Acquisition Corp. Unit by 34.6% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 15,365 shares of the company’s stock valued at $162,000 after acquiring an additional 3,946 shares in the last quarter. HRT Financial LP acquired a new position in FACT II Acquisition Corp. Unit in the 4th quarter valued at about $107,000. Finally, Clear Street Group Inc. purchased a new position in FACT II Acquisition Corp. Unit in the 3rd quarter valued at about $668,000.

FACT II Acquisition Corp. Unit Price Performance

Shares of FACTU opened at $10.99 on Friday. FACT II Acquisition Corp. Unit has a 1-year low of $10.17 and a 1-year high of $12.01. The firm has a 50 day simple moving average of $10.81 and a 200-day simple moving average of $10.71.

About FACT II Acquisition Corp. Unit

We are a blank check company, incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.