Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) Sees Large Increase in Short Interest

Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAUGet Free Report) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 3,383 shares, a growth of 93.0% from the May 31st total of 1,753 shares. Based on an average daily volume of 13,060 shares, the short-interest ratio is currently 0.3 days.

Forefront Tech Holdings Acquisition Corp Unit Stock Performance

FTHAU traded up $0.01 during trading on Friday, hitting $10.21. The company’s stock had a trading volume of 808 shares, compared to its average volume of 43,984. The company’s 50 day moving average price is $10.02. Forefront Tech Holdings Acquisition Corp Unit has a 12 month low of $9.94 and a 12 month high of $10.25.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Report on Forefront Tech Holdings Acquisition Corp Unit

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