Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) Sees Significant Decrease in Short Interest

Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,753 shares, a decrease of 42.8% from the May 14th total of 3,067 shares. Based on an average daily trading volume, of 4,706 shares, the days-to-cover ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research note on Saturday, May 9th.

Forefront Tech Holdings Acquisition Corp Unit Stock Down 0.2%

Forefront Tech Holdings Acquisition Corp Unit stock traded down $0.02 during trading on Tuesday, reaching $10.00. The company had a trading volume of 567 shares, compared to its average volume of 42,251. Forefront Tech Holdings Acquisition Corp Unit has a 52 week low of $9.94 and a 52 week high of $10.15.