Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,532 shares, a decline of 54.7% from the June 15th total of 3,383 shares. Based on an average daily trading volume, of 35,065 shares, the days-to-cover ratio is currently 0.0 days.
Forefront Tech Holdings Acquisition Corp Unit Price Performance
FTHAU stock remained flat at $10.22 during trading on Thursday. 2,113 shares of the company were exchanged, compared to its average volume of 38,949. Forefront Tech Holdings Acquisition Corp Unit has a one year low of $9.94 and a one year high of $10.25. The company’s fifty day moving average price is $10.06.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research note on Saturday, May 9th.
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