Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,383 shares, a growth of 93.0% from the May 31st total of 1,753 shares. Based on an average trading volume of 13,060 shares, the short-interest ratio is currently 0.3 days.
Forefront Tech Holdings Acquisition Corp Unit Price Performance
FTHAU stock traded down $0.00 during mid-day trading on Wednesday, hitting $10.20. 807 shares of the company were exchanged, compared to its average volume of 43,978. The firm’s fifty day simple moving average is $10.01. Forefront Tech Holdings Acquisition Corp Unit has a 12-month low of $9.94 and a 12-month high of $10.25.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research report on Saturday, May 9th.
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