Sage Mountain Advisors LLC reduced its stake in shares of HCM Acquisition Corp (NASDAQ:HCMAU – Get Rating) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,830 shares of the company's stock after selling 5,020 shares during the period. Sage Mountain Advisors LLC's holdings in HCM Acquisition were worth $921,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. OMERS ADMINISTRATION Corp acquired a new stake in shares of HCM Acquisition during the 1st quarter worth $500,000. Sculptor Capital LP purchased a new stake in shares of HCM Acquisition during the 1st quarter valued at about $499,000. PEAK6 Investments LLC purchased a new stake in shares of HCM Acquisition during the 1st quarter valued at about $499,000. Wealthspring Capital LLC purchased a new stake in shares of HCM Acquisition during the 1st quarter valued at about $633,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of HCM Acquisition during the 1st quarter valued at about $1,003,000.

HCM Acquisition Price Performance

HCMAU traded up $0.01 during trading hours on Monday, reaching $10.10. 600 shares of the stock traded hands, compared to its average volume of 62,470. The firm's fifty day simple moving average is $10.07 and its two-hundred day simple moving average is $10.04. HCM Acquisition Corp has a fifty-two week low of $9.90 and a fifty-two week high of $10.34.

HCM Acquisition Company Profile

HCM Acquisition Corp does not have significant operations. It 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 incorporated in 2021 and is based in Stamford, Connecticut.

Featured Stories

• Get a free copy of the StockNews.com research report on HCM Acquisition (HCMAU)
• Fisker is Entering a Critical Stage That Could Reward Investors
• The Bottom Is In For JPMorgan Chase & Co.
• The Institutions May Cap Gains In Steel Dynamics
• Watch These 3 Economic Reports to Impact Interest Rate Hikes
• Here are 3 Stocks That Benefit From a Strong U.S. Dollar

Want to see what other hedge funds are holding HCMAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HCM Acquisition Corp (NASDAQ:HCMAU – Get Rating).

Receive News & Ratings for HCM Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCM Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.