Fifth Era Acquisition Corp I (NASDAQ:FERA) Shares Shorted: Short Interest Up 82.6% in September

Fifth Era Acquisition Corp I (NASDAQ:FERA) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 995 shares, a growth of 82.6% from the August 31st total of 545 shares. Based on an average trading volume of 38,336 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Trading of Fifth Era Acquisition Corp I

An institutional investor recently bought a new stake in Fifth Era Acquisition Corp I stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of Fifth Era Acquisition Corp I (NASDAQ:FERA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 400,000 shares of the company’s stock, valued at approximately $4,116,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 1.69% of Fifth Era Acquisition Corp I as of its most recent SEC filing.

Fifth Era Acquisition Corp I Trading Up 0.1%

Shares of Fifth Era Acquisition Corp I stock traded up $0.01 on Tuesday, hitting $10.54. 350 shares of the company traded hands, compared to its average volume of 74,158. Fifth Era Acquisition Corp I has a 52 week low of $10.16 and a 52 week high of $10.54. The business has a 50-day simple moving average of $10.49 and a 200 day simple moving average of $10.41.

Fifth Era Acquisition Corp I (NASDAQ:FERA) last issued its earnings results on Thursday, August 13th. The company reported $0.04 earnings per share for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Fifth Era Acquisition Corp I in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Fifth Era Acquisition Corp I Company Profile

Fifth Era Acquisition Corp. I (NASDAQ: FERA) is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more private businesses. Potential transactions may include a merger, acquisition, stock purchase, recapitalization, reorganization, or similar combination.

As a SPAC, the company does not operate a conventional product or service business. Its activities primarily involve raising capital through a public offering, evaluating prospective acquisition targets, and seeking shareholder approval for a proposed transaction.

Publicly available information about Fifth Era Acquisition Corp.