Frontier Investment (OTCMKTS:FICVU) Shares Down 0.1%

Frontier Investment Corp (OTCMKTS:FICVU – Get Rating) shares dropped 0.1% during mid-day trading on Friday . The stock traded as low as $9.75 and last traded at $9.75. Approximately 2,150 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 13,925 shares. The stock had previously closed at $9.76.

Frontier Investment Price Performance

The company has a 50 day simple moving average of $9.76 and a 200-day simple moving average of $9.82.

Institutional Trading of Frontier Investment

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Sandia Investment Management LP purchased a new position in shares of Frontier Investment in the 4th quarter worth about $5,401,000. Hartree Partners LP purchased a new position in shares of Frontier Investment in the 2nd quarter worth about $4,855,000. Cantor Fitzgerald L. P. purchased a new position in shares of Frontier Investment in the 1st quarter worth about $2,920,000. Wolverine Asset Management LLC purchased a new position in shares of Frontier Investment in the 2nd quarter worth about $157,000. Finally, Clear Street LLC purchased a new position in shares of Frontier Investment in the 2nd quarter worth about $103,000.

About Frontier Investment

(Get Rating)

Frontier Investment Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to search in the technology, digital media, e-commerce, financial technology, and digital services sectors in the Middle East, North Africa, Turkey, Sub-Saharan Africa, and South and Southeast Asia.