Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,383 shares, an increase of 93.0% from the May 31st total of 1,753 shares. Based on an average daily volume of 13,060 shares, the days-to-cover ratio is currently 0.3 days.
Forefront Tech Holdings Acquisition Corp Unit Trading Down 0.6%
Shares of NASDAQ:FTHAU traded down $0.07 during trading on Thursday, reaching $10.13. The company had a trading volume of 808 shares, compared to its average volume of 43,984. The firm’s fifty day moving average price is $10.02. Forefront Tech Holdings Acquisition Corp Unit has a fifty-two week low of $9.94 and a fifty-two week high of $10.25.
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 report on Saturday, May 9th.
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