FutureCorp Space Acquisition 1 (NYSE:FTRA) Short Interest Down 46.7% in August

FutureCorp Space Acquisition 1 (NYSE:FTRAGet Free Report) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,466 shares, a decrease of 46.7% from the August 15th total of 2,753 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 28,837 shares, the short-interest ratio is presently 0.1 days.

FutureCorp Space Acquisition 1 Price Performance

NYSE:FTRA traded down $0.01 on Wednesday, hitting $9.89. The stock had a trading volume of 250,749 shares, compared to its average volume of 91,072. FutureCorp Space Acquisition 1 has a 52-week low of $9.85 and a 52-week high of $9.98.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of FutureCorp Space Acquisition 1 to a “hold” rating in a research note on Saturday, August 1st.

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FutureCorp Space Acquisition 1 Company Profile

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FutureCorp Space Acquisition 1 is a blank check company. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. FutureCorp Space Acquisition 1 is based in Los Angeles, California.

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