FTAC Hera Acquisition Corp. (NASDAQ:HERA – Get Rating) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 14,400 shares, a decline of 22.6% from the December 31st total of 18,600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 501,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HERA. Barclays PLC bought a new position in shares of FTAC Hera Acquisition during the third quarter valued at about $35,000. Condor Capital Management purchased a new stake in FTAC Hera Acquisition in the second quarter worth about $79,000. Penserra Capital Management LLC grew its holdings in shares of FTAC Hera Acquisition by 36.5% during the first quarter. Penserra Capital Management LLC now owns 10,482 shares of the company's stock valued at $102,000 after buying an additional 2,805 shares during the last quarter. Trexquant Investment LP purchased a new stake in shares of FTAC Hera Acquisition during the third quarter valued at approximately $110,000. Finally, Virtu Financial LLC bought a new position in FTAC Hera Acquisition during the second quarter valued at approximately $172,000. 72.45% of the stock is currently owned by hedge funds and other institutional investors.

FTAC Hera Acquisition Stock Up 0.1 %

Shares of HERA traded up $0.01 during mid-day trading on Monday, reaching $10.16. 25,601 shares of the stock traded hands, compared to its average volume of 1,141,195. FTAC Hera Acquisition has a 1 year low of $9.69 and a 1 year high of $10.16. The firm has a fifty day moving average price of $10.09 and a 200 day moving average price of $9.97.

About FTAC Hera Acquisition

FTAC Hera Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Philadelphia, Pennsylvania.

Read More

• Get a free copy of the StockNews.com research report on FTAC Hera Acquisition (HERA)
• Buying The Dip In Colgate-Palmolive
• Mullen Automotive On Hiring Spree, What Could That Mean?
• InterDigital Raises Its Earnings Guidance
• GE Healthcare Technology: Speculating On Dividends
• Grab Shares Are Suddenly On Track To Double

Receive News & Ratings for FTAC Hera Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTAC Hera Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.