Short Interest in Frontier Acquisition Corp. (NASDAQ:FRON) Rises By 304.5%

Frontier Acquisition Corp. (NASDAQ:FRON) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 8,900 shares, a growth of 304.5% from the August 15th total of 2,200 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,000 shares, the short-interest ratio is presently 0.4 days.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. RP Investment Advisors LP acquired a new stake in Frontier Acquisition in the second quarter valued at $15,557,000. Linden Advisors LP acquired a new stake in Frontier Acquisition in the second quarter valued at $7,474,000. Marshall Wace LLP acquired a new stake in Frontier Acquisition in the second quarter valued at $4,973,000. Citadel Advisors LLC acquired a new stake in Frontier Acquisition in the second quarter valued at $4,878,000. Finally, Woodline Partners LP acquired a new stake in Frontier Acquisition in the second quarter valued at $3,418,000.

Shares of NASDAQ:FRON opened at $9.74 on Wednesday. The business’s fifty day moving average is $9.72. Frontier Acquisition has a 52-week low of $9.61 and a 52-week high of $10.78.

About Frontier Acquisition

Frontier Acquisition Corp., is a blank check company, which focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2021 and is based in New York, New York.

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