Taconic Capital Advisors LP bought a new position in shares of Frontier Investment Corp (NASDAQ:FICV – Get Rating) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 199,800 shares of the company's stock, valued at approximately $1,934,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Basso Capital Management L.P. acquired a new stake in shares of Frontier Investment during the 1st quarter worth about $233,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Frontier Investment during the 1st quarter worth approximately $485,000. Exos Asset Management LLC grew its stake in Frontier Investment by 3.4% during the 1st quarter. Exos Asset Management LLC now owns 41,378 shares of the company's stock worth $401,000 after buying an additional 1,378 shares during the last quarter. Finally, Ghisallo Capital Management LLC purchased a new position in Frontier Investment during the 4th quarter worth approximately $914,000. Institutional investors and hedge funds own 27.40% of the company's stock.

Frontier Investment Trading Up 0.2 %

NASDAQ:FICV traded up $0.02 during mid-day trading on Wednesday, reaching $9.80. 5,818 shares of the stock were exchanged, compared to its average volume of 27,844. The company has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $9.72. Frontier Investment Corp has a 1 year low of $9.61 and a 1 year high of $9.89.

About Frontier Investment

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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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