FutureCorp Space Acquisition 1 (NYSE:FTRA) Sees Significant Drop in Short Interest

FutureCorp Space Acquisition 1 (NYSE:FTRAGet Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,466 shares, a decline of 46.7% from the August 15th total of 2,753 shares. Based on an average trading volume of 28,837 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

FutureCorp Space Acquisition 1 Stock Up 0.1%

FTRA traded up $0.01 during midday trading on Thursday, hitting $9.89. 498 shares of the company’s stock traded hands, compared to its average volume of 91,800. FutureCorp Space Acquisition 1 has a one year low of $9.85 and a one year high of $9.98.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded FutureCorp Space Acquisition 1 to a “hold” rating in a report on Saturday, August 1st.

Check Out Our Latest Research Report on FutureCorp Space Acquisition 1

FutureCorp Space Acquisition 1 Company Profile

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FutureCorp Space Acquisition 1 is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. FutureCorp Space Acquisition 1 is based in Los Angeles, California.

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