Short Interest in HCM IV Acquisition Corp. (NASDAQ:HACQ) Declines By 39.5%

HCM IV Acquisition Corp. (NASDAQ:HACQGet Free Report) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 616 shares, a drop of 39.5% from the May 31st total of 1,018 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 7,648 shares, the short-interest ratio is currently 0.1 days.

HCM IV Acquisition Trading Up 0.0%

Shares of HACQ stock traded up $0.01 during trading hours on Thursday, reaching $10.04. The stock had a trading volume of 189 shares, compared to its average volume of 31,546. The stock has a fifty day simple moving average of $9.98. HCM IV Acquisition has a 12 month low of $9.86 and a 12 month high of $10.03.

Analysts Set New Price Targets

Separately, Weiss Ratings assumed coverage on shares of HCM IV Acquisition in a research note on Tuesday. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Check Out Our Latest Analysis on HACQ

HCM IV Acquisition Company Profile

(Get Free Report)

HCM IV Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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