Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) Short Interest Down 42.8% in May

Forefront Tech Holdings Acquisition Corp Unit (NASDAQ:FTHAU) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,753 shares, a decline of 42.8% from the May 14th total of 3,067 shares. Based on an average daily volume of 4,706 shares, the short-interest ratio is presently 0.4 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Forefront Tech Holdings Acquisition Corp Unit to a “hold” rating in a research note on Saturday, May 9th.

Forefront Tech Holdings Acquisition Corp Unit Stock Performance

Shares of FTHAU opened at $10.01 on Friday. Forefront Tech Holdings Acquisition Corp Unit has a fifty-two week low of $9.94 and a fifty-two week high of $10.15.