Fifth Era Acquisition Corp I (NASDAQ:FERA) Stock Short Interest Climbs 82.6%

Fifth Era Acquisition Corp I (NASDAQ:FERA) saw a significant growth in short interest in the month of 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. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 38,336 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fifth Era Acquisition Corp I stock. Radcliffe Capital Management L.P. increased its position in Fifth Era Acquisition Corp I (NASDAQ:FERA) by 22.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 404,403 shares of the company’s stock after purchasing an additional 75,201 shares during the period. Radcliffe Capital Management L.P. owned 1.71% of Fifth Era Acquisition Corp I worth $4,161,000 at the end of the most recent quarter.

Fifth Era Acquisition Corp I Price Performance

Shares of Fifth Era Acquisition Corp I stock traded up $0.01 during trading on Wednesday, hitting $10.54. 4,649 shares of the stock were exchanged, compared to its average volume of 25,470. The firm’s 50-day moving average price is $10.49 and its 200 day moving average price is $10.42. Fifth Era Acquisition Corp I has a 12-month low of $10.16 and a 12-month high of $10.55.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Fifth Era Acquisition Corp I in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Fifth Era Acquisition Corp I currently has an average 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.