Condor Capital Management increased its holdings in shares of Frontier Investment Corp (OTCMKTS:FICVU – Get Rating) by 88.0% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 2,783 shares of the company's stock after purchasing an additional 1,303 shares during the period. Condor Capital Management's holdings in Frontier Investment were worth $27,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Hartree Partners LP bought a new position in Frontier Investment during the second quarter worth about $4,855,000. Wealthspring Capital LLC lifted its position in Frontier Investment by 2.5% during the first quarter. Wealthspring Capital LLC now owns 345,451 shares of the company's stock worth $3,379,000 after acquiring an additional 8,280 shares during the last quarter. Cantor Fitzgerald L. P. acquired a new stake in Frontier Investment during the first quarter worth approximately $2,920,000. Wolverine Asset Management LLC acquired a new stake in Frontier Investment during the second quarter worth approximately $157,000. Finally, Clear Street LLC acquired a new stake in Frontier Investment during the second quarter worth approximately $103,000.
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Shares of FICVU stock opened at $10.01 on Wednesday. The firm has a 50 day moving average price of $9.87 and a two-hundred day moving average price of $9.80. Frontier Investment Corp has a 12-month low of $9.45 and a 12-month high of $10.03.
About Frontier Investment
(Get Rating)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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