Short Interest in Suncrete (NASDAQ:RMIX) Increases By 192.0%

Suncrete (NASDAQ:RMIX – Get Free Report) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 1,289,037 shares, a growth of 192.0% from the June 15th total of 441,408 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average trading volume of 794,798 shares, the days-to-cover ratio is presently 1.6 days.

Suncrete Trading Up 1.7%

Shares of RMIX stock traded up $0.33 during trading hours on Wednesday, reaching $19.95. 37,580 shares of the stock were exchanged, compared to its average volume of 384,714. Suncrete has a 12-month low of $9.20 and a 12-month high of $25.50. The stock’s 50-day moving average is $19.23.

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Suncrete (NASDAQ:RMIX – Get Free Report) last released its earnings results on Friday, May 15th. The company reported ($0.60) earnings per share for the quarter. The business had revenue of ($14.49) million during the quarter. Sell-side analysts forecast that Suncrete will post 0.21 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. William Blair initiated coverage on Suncrete in a research report on Monday, May 4th. They issued an “outperform” rating on the stock. Robert W. Baird started coverage on Suncrete in a research note on Wednesday, May 27th. They set an “outperform” rating and a $21.00 target price on the stock. B. Riley Financial initiated coverage on Suncrete in a report on Wednesday, June 24th. They issued a “buy” rating and a $26.00 price target on the stock. Jefferies Financial Group started coverage on Suncrete in a research note on Friday, May 1st. They issued a “buy” rating and a $19.00 price target for the company. Finally, Weiss Ratings assumed coverage on shares of Suncrete in a research report on Wednesday, April 29th. They set a “sell (d+)” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $21.75.

Check Out Our Latest Analysis on RMIX

Suncrete Company Profile

(Get Free Report)

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.

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