Frontier Investment Corp (OTCMKTS:FICVU – Get Rating)'s stock price fell 0.2% on Thursday . The stock traded as low as $9.77 and last traded at $9.77. 110 shares changed hands during trading, a decline of 99% from the average session volume of 12,403 shares. The stock had previously closed at $9.79.

Frontier Investment Stock Performance

The firm has a 50 day moving average of $9.74 and a two-hundred day moving average of $9.80.

Hedge Funds Weigh In On Frontier Investment

Several large investors have recently added to or reduced their stakes in the company. Sandia Investment Management LP acquired a new position in Frontier Investment in the 4th quarter valued at approximately $5,401,000. Hartree Partners LP acquired a new position in Frontier Investment in the 2nd quarter valued at approximately $4,855,000. Wealthspring Capital LLC raised its holdings in Frontier Investment by 2.5% in the 1st quarter. Wealthspring Capital LLC now owns 345,451 shares of the company's stock valued at $3,379,000 after acquiring an additional 8,280 shares in the last quarter. Cantor Fitzgerald L. P. acquired a new position in Frontier Investment in the 1st quarter valued at approximately $2,920,000. Finally, Wolverine Asset Management LLC acquired a new position in Frontier Investment in the 2nd quarter valued at approximately $157,000.

About Frontier Investment

Frontier Investment Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to search in the technology, digital media, e-commerce, financial technology, and digital services sectors in the Middle East, North Africa, Turkey, Sub-Saharan Africa, and South and Southeast Asia.

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