FutureCorp Space Acquisition 1 (NYSE:FTRA) Sees Large Decline in Short Interest

FutureCorp Space Acquisition 1 (NYSE:FTRAGet Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 1,466 shares, a drop of 46.7% from the August 15th total of 2,753 shares. Based on an average daily trading volume, of 28,837 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Wall Street Zen raised FutureCorp Space Acquisition 1 to a “hold” rating in a research note on Saturday, August 1st.

Read Our Latest Research Report on FutureCorp Space Acquisition 1

FutureCorp Space Acquisition 1 Trading Down 0.1%

FTRA stock traded down $0.01 during midday trading on Tuesday, reaching $9.89. The company’s stock had a trading volume of 250,110 shares, compared to its average volume of 89,688. FutureCorp Space Acquisition 1 has a 1 year low of $9.85 and a 1 year high of $9.98.

About FutureCorp Space Acquisition 1

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FutureCorp Space Acquisition 1 is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. FutureCorp Space Acquisition 1 is based in Los Angeles, California.

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