Frontier Investment Corp (OTCMKTS:FICVU – Get Rating)'s stock price fell 5.8% during mid-day trading on Tuesday . The stock traded as low as $10.08 and last traded at $10.08. 100 shares were traded during mid-day trading, a decline of 97% from the average session volume of 3,341 shares. The stock had previously closed at $10.70.

Frontier Investment Trading Down 5.8 %

The company's fifty day moving average price is $10.21 and its 200 day moving average price is $10.01.

Hedge Funds Weigh In On Frontier Investment

Several hedge funds and other institutional investors have recently bought and sold shares of FICVU. Condor Capital Management grew its position in Frontier Investment by 88.0% in the 2nd quarter. Condor Capital Management now owns 2,783 shares of the company's stock worth $27,000 after purchasing an additional 1,303 shares in the last quarter. Wealthspring Capital LLC grew its holdings in shares of Frontier Investment by 17.2% during the 3rd quarter. Wealthspring Capital LLC now owns 399,777 shares of the company's stock valued at $3,926,000 after purchasing an additional 58,696 shares during the last quarter. Schechter Investment Advisors LLC boosted its position in Frontier Investment by 25.6% during the 3rd quarter. Schechter Investment Advisors LLC now owns 323,777 shares of the company's stock valued at $3,179,000 after buying an additional 65,906 shares during the period. UBS Group AG lifted its position in shares of Frontier Investment by 132.7% in the 3rd quarter. UBS Group AG now owns 2,902 shares of the company's stock worth $29,000 after purchasing an additional 1,655 shares during the period. Finally, Wolverine Asset Management LLC lifted its position in Frontier Investment by 6.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 17,339 shares of the company's stock valued at $170,000 after acquiring an additional 1,081 shares during the period.

Frontier Investment Company Profile

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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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