Frontier Acquisition Corp. (NASDAQ:FRON – Get Rating) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,500 shares, a growth of 15.4% from the October 31st total of 1,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 50,400 shares, the short-interest ratio is currently 0.0 days.
Frontier Acquisition Price Performance
Frontier Acquisition stock traded up $0.01 during mid-day trading on Friday, hitting $10.04. The stock had a trading volume of 406 shares, compared to its average volume of 11,450. The stock has a 50-day simple moving average of $9.97 and a two-hundred day simple moving average of $9.88. Frontier Acquisition has a 12 month low of $9.66 and a 12 month high of $10.04.
Get Frontier Acquisition alerts:Hedge Funds Weigh In On Frontier Acquisition
Hedge funds have recently added to or reduced their stakes in the stock. Centiva Capital LP acquired a new position in Frontier Acquisition in the second quarter valued at about $100,000. Mint Tower Capital Management B.V. acquired a new position in Frontier Acquisition in the second quarter valued at about $491,000. Mizuho Securities USA LLC acquired a new position in Frontier Acquisition in the third quarter valued at about $520,000. Verition Fund Management LLC acquired a new position in Frontier Acquisition in the first quarter valued at about $704,000. Finally, Berkley W R Corp lifted its stake in Frontier Acquisition by 190.5% in the first quarter. Berkley W R Corp now owns 99,888 shares of the company's stock valued at $977,000 after buying an additional 65,500 shares during the period. Institutional investors and hedge funds own 58.29% of the company's stock.
Frontier Acquisition Company Profile
(Get Rating)Frontier 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 or entities. The company was incorporated in 2021 and is based in New York, New York.
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