HCM Acquisition Corp (NASDAQ:HCMA) Sees Significant Drop in Short Interest

Posted by Brenda Bartman on May 29th, 2026

HCM Acquisition Corp (NASDAQ:HCMA – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,008 shares, a decrease of 73.8% from the April 30th total of 7,655 shares. Based on an average daily volume of 3,466 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short.

HCM Acquisition Price Performance

HCMA traded up $0.02 during midday trading on Friday, hitting $10.27. 468,373 shares of the company were exchanged, compared to its average volume of 47,666. HCM Acquisition has a 1-year low of $10.03 and a 1-year high of $10.49. The company’s 50 day simple moving average is $10.13 and its 200 day simple moving average is $10.13.

HCM Acquisition (NASDAQ:HCMA – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of HCM Acquisition in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, HCM Acquisition currently has an average rating of “Sell”.

View Our Latest Research Report on HCM Acquisition

Institutional Investors Weigh In On HCM Acquisition

Several institutional investors have recently bought and sold shares of the company. PenderFund Capital Management Ltd. acquired a new stake in HCM Acquisition in the 4th quarter worth about $72,000. Fort Baker Capital Management LP acquired a new stake in HCM Acquisition in the 3rd quarter worth about $101,000. DLD Asset Management LP purchased a new position in HCM Acquisition in the 3rd quarter worth approximately $104,000. Glazer Capital LLC lifted its stake in HCM Acquisition by 5.9% in the 4th quarter. Glazer Capital LLC now owns 317,835 shares of the company’s stock worth $3,191,000 after purchasing an additional 17,835 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in HCM Acquisition in the 3rd quarter worth approximately $202,000. 11.79% of the stock is currently owned by institutional investors and hedge funds.

HCM Acquisition Company Profile

(Get Free Report)

HCM Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with one or more target businesses. The company raised capital through its initial public offering and is listed on the Nasdaq under the ticker HCMA. As a blank check vehicle, HCM Acquisition holds its funds in trust until it consummates a qualifying merger, share exchange, asset acquisition or other business combination.

The SPAC is sponsored by affiliates of Healthcare Capital Management LLC, a Los Angeles‐based investment firm with experience in healthcare and life sciences investing.