Frontier Investment Corp (OTCMKTS:FICVU – Get Rating) traded up 0.3% during trading on Wednesday . The company traded as high as $10.05 and last traded at $10.02. 13,878 shares traded hands during mid-day trading, an increase of 80% from the average session volume of 7,689 shares. The stock had previously closed at $9.99.
Frontier Investment Price Performance
The business has a 50-day moving average of $9.96 and a 200 day moving average of $9.83.
Get Frontier Investment alerts:Institutional Investors Weigh In On Frontier Investment
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hartree Partners LP purchased a new stake in shares of Frontier Investment during the 2nd quarter valued at $4,855,000. Wealthspring Capital LLC grew its stake 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 worth $3,926,000 after acquiring an additional 58,696 shares during the period. Schechter Investment Advisors LLC grew its stake in shares of Frontier Investment by 25.6% during the 3rd quarter. Schechter Investment Advisors LLC now owns 323,777 shares of the company's stock worth $3,179,000 after acquiring an additional 65,906 shares during the period. Cantor Fitzgerald L. P. bought a new position in Frontier Investment in the 1st quarter worth about $2,920,000. Finally, Jane Street Group LLC boosted its stake in Frontier Investment by 11.0% in the 3rd quarter. Jane Street Group LLC now owns 229,986 shares of the company's stock worth $2,258,000 after purchasing an additional 22,833 shares during the period.
Frontier Investment Company Profile
(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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