FutureCorp Space Acquisition 1 (NYSE:FTRA) Sees Large Decline in Short Interest

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

FutureCorp Space Acquisition 1 Price Performance

Shares of FTRA traded down $0.01 during midday trading on Tuesday, hitting $9.89. 250,110 shares of the company traded hands, compared to its average volume of 89,688. FutureCorp Space Acquisition 1 has a 52 week low of $9.85 and a 52 week high of $9.98.

Analysts Set New Price Targets

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

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About FutureCorp Space Acquisition 1

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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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