Futurewave Acquisition Corp (NASDAQ:FWACU) Shares Shorted: Short Interest Down 47.5% in October

by · The Markets Daily

Futurewave Acquisition Corp (NASDAQ:FWACU – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 83 shares, a drop of 47.5% from the September 30th total of 158 shares. Based on an average daily volume of 29 shares, the short-interest ratio is presently 2.9 days.

Futurewave Acquisition Stock Performance

Shares of Futurewave Acquisition stock traded down $0.00 during trading on Monday, hitting $10.10. The stock’s 50-day simple moving average is $10.13. Futurewave Acquisition has a 12-month low of $10.00 and a 12-month high of $10.24.

Institutional Investors Weigh In On Futurewave Acquisition

An institutional investor recently raised its stake in Futurewave Acquisition stock. Readystate Asset Management LP increased its position in shares of Futurewave Acquisition Corp (NASDAQ:FWACU – Free Report) by 127.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,357 shares of the company’s stock after acquiring an additional 37,694 shares during the quarter. Readystate Asset Management LP’s holdings in Futurewave Acquisition were worth $694,000 as of its most recent SEC filing.

Futurewave Acquisition Company Profile

(Get Free Report)

We are a newly formed blank check company incorporated as a Cayman Islands exempted company on February 16, 2026 under the laws of the Cayman Islands with limited liability. We are formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to throughout this prospectus as our initial business combination. Our efforts to identify a prospective target business will not be limited to a particular geographic region or industry.

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