Finnovate Acquisition Corp. ( NASDAQ:FNVT – Get Rating ) was the target of a significant decline in short interest during the month of May. As of May 31st, there was short interest totalling 1,300 shares, a decline of 81.7% from the May 15th total of 7,100 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily trading volume, of 58,300 shares, the short-interest ratio is presently 0.0 days. Hedge Funds Weigh In On Finnovate Acquisition A number of hedge funds have recently added to or reduced their stakes in FNVT.

https://www.dailypolitical.com/2023/06/13/finnovate-acquisition-corp-nasdaqfnvt-short-interest-update.html

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