Frontier Acquisition Corp. (NASDAQ:FRON) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 1,100 shares, a decrease of 73.8% from the September 15th total of 4,200 shares. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is presently 0.1 days.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Glazer Capital LLC purchased a new stake in shares of Frontier Acquisition in the second quarter worth approximately $62,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of Frontier Acquisition in the second quarter worth approximately $146,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Frontier Acquisition in the second quarter worth approximately $244,000. Berkley W R Corp bought a new position in Frontier Acquisition during the second quarter valued at approximately $336,000. Finally, Wolfswood Holdings LLC bought a new position in Frontier Acquisition during the second quarter valued at approximately $488,000.
NASDAQ FRON opened at $9.77 on Thursday. The stock has a 50 day moving average of $9.73. Frontier Acquisition has a 52-week low of $9.61 and a 52-week high of $10.78.
Frontier Acquisition Corp., is a blank check company, which focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2021 and is based in New York, New York.
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