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

Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU – Get Free Report) saw a significant growth in short interest in 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 presently 0.3 days.

Analysts Set New Price Targets

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

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Forefront Tech Holdings Acquisition Corp Unit Stock Down 0.0%

FTHAU stock traded down $0.00 during midday trading on Wednesday, hitting $10.20. The company’s stock had a trading volume of 807 shares, compared to its average volume of 43,978. The firm has a 50-day moving average of $10.01. Forefront Tech Holdings Acquisition Corp Unit has a 52-week low of $9.94 and a 52-week high of $10.25.

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