share_log

HCM Acquisition Corp (NASDAQ:HCMAU) Short Interest Up 20.0% in July

Financial News Live ·  Aug 15, 2022 17:31

HCM Acquisition Corp (NASDAQ:HCMAU – Get Rating) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 2,400 shares, an increase of 20.0% from the July 15th total of 2,000 shares. Based on an average daily volume of 43,300 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

HCM Acquisition Stock Performance

NASDAQ:HCMAU traded up $0.01 during midday trading on Monday, reaching $10.03. The stock had a trading volume of 100 shares, compared to its average volume of 74,316. HCM Acquisition has a 1-year low of $9.90 and a 1-year high of $10.34. The firm's fifty day simple moving average is $10.02 and its 200-day simple moving average is $10.02.

Get HCM Acquisition alerts:

Institutional Investors Weigh In On HCM Acquisition

Several hedge funds and other institutional investors have recently made changes to their positions in HCMAU. Apollo Management Holdings L.P. bought a new position in HCM Acquisition during the first quarter worth $17,087,000. Wolverine Asset Management LLC bought a new position in shares of HCM Acquisition during the 1st quarter worth about $5,853,000. Nomura Holdings Inc. acquired a new position in shares of HCM Acquisition during the first quarter valued at about $5,056,000. Spring Creek Capital LLC bought a new stake in shares of HCM Acquisition in the first quarter valued at about $3,996,000. Finally, Verition Fund Management LLC acquired a new stake in HCM Acquisition during the first quarter worth about $3,497,000.

About HCM Acquisition

(Get Rating)

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.

Further Reading

  • Get a free copy of the StockNews.com research report on HCM Acquisition (HCMAU)
  • The Five Hottest Calls From The Q2 Earnings Season
  • Here is a Simple 4 Stock Portfolio that Can Outperform the Market
  • Is AMC Entertainment Pulling a Fast One on the APEs?
  • Here's How the Inflation Reduction Act Energizes Power Stock
  • The Institutions Trim Holdings Of High-Yielding Foot Locker, Inc

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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment