Frontier Investment Corp (NASDAQ:FICV – Get Rating) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 3,200 shares, an increase of 33.3% from the March 31st total of 2,400 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional investors and hedge funds have recently bought and sold shares of the business. D. E. Shaw & Co. Inc. bought a new position in shares of Frontier Investment during the fourth quarter valued at $3,202,000. Marshall Wace LLP purchased a new stake in shares of Frontier Investment during the fourth quarter valued at $1,560,000. Ghisallo Capital Management LLC purchased a new stake in shares of Frontier Investment during the fourth quarter valued at $914,000. Wolverine Asset Management LLC purchased a new stake in shares of Frontier Investment during the fourth quarter valued at $891,000. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Frontier Investment during the fourth quarter valued at $667,000. Institutional investors and hedge funds own 21.28% of the company’s stock.
Shares of Frontier Investment stock traded down $0.01 during midday trading on Monday, reaching $9.72. 100,000 shares of the company’s stock traded hands, compared to its average volume of 22,450. The company’s 50 day moving average is $9.69. Frontier Investment has a 12 month low of $9.61 and a 12 month high of $9.89.
Frontier Investment Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Grand Cayman, Cayman Islands.
- Get a free copy of the StockNews.com research report on Frontier Investment (FICV)
- onsemi Is A Deep-Value In The Chip Sector
- Is The FOMC About To Spark A Massive Stock Market Correction?
- Enphase Energy Has a Sunny Future With Some Clouds in the Short Term
- Knight-Swift Transportation Stock is a Logistics Winner
- Why is Chevron Stock Falling After Strong Earnings?
Receive News & Ratings for Frontier Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Frontier Investment and related companies with MarketBeat.com's FREE daily email newsletter.