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2022-08-01 05:21
Fortistar Sustainable Solutions Corp. (NASDAQ:FSSI – Get Rating) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 11,100 shares, an increase of 40.5% from the June 30th total of 7,900 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 53,300 shares, the short-interest ratio is currently 0.2 days.
Shares of NASDAQ:FSSI remained flat at $9.85 during trading on Friday. 6,902 shares of the stock were exchanged, compared to its average volume of 50,594. The business has a fifty day moving average price of $9.82. Fortistar Sustainable Solutions has a twelve month low of $9.62 and a twelve month high of $9.87.
Get Fortistar Sustainable Solutions alerts:A number of institutional investors have recently modified their holdings of the company. Sculptor Capital LP raised its position in shares of Fortistar Sustainable Solutions by 55.1% in the first quarter. Sculptor Capital LP now owns 933,969 shares of the company's stock valued at $9,143,000 after buying an additional 331,685 shares during the last quarter. Saba Capital Management L.P. increased its position in Fortistar Sustainable Solutions by 28.8% during the first quarter. Saba Capital Management L.P. now owns 888,060 shares of the company's stock worth $8,699,000 after purchasing an additional 198,689 shares during the last quarter. Hsbc Holdings PLC increased its position in Fortistar Sustainable Solutions by 3.8% during the first quarter. Hsbc Holdings PLC now owns 836,535 shares of the company's stock worth $8,198,000 after purchasing an additional 30,868 shares during the last quarter. Nomura Holdings Inc. increased its position in Fortistar Sustainable Solutions by 65.6% during the first quarter. Nomura Holdings Inc. now owns 707,797 shares of the company's stock worth $6,927,000 after purchasing an additional 280,496 shares during the last quarter. Finally, Glazer Capital LLC increased its position in Fortistar Sustainable Solutions by 1.3% during the first quarter. Glazer Capital LLC now owns 615,899 shares of the company's stock worth $6,030,000 after purchasing an additional 8,102 shares during the last quarter.
Fortistar Sustainable Solutions 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. The company was founded in 2020 and is based in White Plains, New York.
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