Short Interest in Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) Decreases By 42.8%

Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,753 shares, a decrease of 42.8% from the May 14th total of 3,067 shares. Based on an average daily trading volume, of 4,706 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research note on Saturday, May 9th.

Forefront Tech Holdings Acquisition Corp Unit Trading Down 0.1%

Shares of FTHAU traded down $0.01 during mid-day trading on Monday, hitting $10.01. 2,079 shares of the company’s stock were exchanged, compared to its average volume of 43,742. Forefront Tech Holdings Acquisition Corp Unit has a fifty-two week low of $9.94 and a fifty-two week high of $10.15.