Haymaker Acquisition Corp. 4 (NYSE:HYAC) Sees Large Increase in Short Interest

Haymaker Acquisition Corp. 4 (NYSE:HYAC) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 900 shares, an increase of 1,025.0% from the December 31st total of 80 shares. Based on an average daily volume of 204,933 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 204,933 shares, the short-interest ratio is presently 0.0 days.

Haymaker Acquisition Corp. 4 Stock Performance

Shares of NYSE HYAC traded down $0.01 during mid-day trading on Wednesday, hitting $11.39. The company had a trading volume of 50,005 shares, compared to its average volume of 133,256. Haymaker Acquisition Corp. 4 has a 12 month low of $10.80 and a 12 month high of $11.48. The firm’s 50-day moving average price is $11.36.

Haymaker Acquisition Corp. 4 (NYSE:HYAC) last issued its earnings results on Thursday, November 13th. The company reported $0.05 EPS for the quarter. The firm had revenue of $2.60 million during the quarter.

Hedge Funds Weigh In On Haymaker Acquisition Corp. 4

Hedge funds and other institutional investors have recently modified their holdings of the stock. Radcliffe Capital Management L.P. lifted its holdings in shares of Haymaker Acquisition Corp. 4 by 665.5% during the third quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after acquiring an additional 66,620 shares during the period. JPMorgan Chase & Co. bought a new position in Haymaker Acquisition Corp. 4 during the 2nd quarter valued at about $1,110,000. Wolverine Asset Management LLC boosted its position in Haymaker Acquisition Corp. 4 by 34.2% in the second quarter. Wolverine Asset Management LLC now owns 1,002,049 shares of the company’s stock valued at $11,123,000 after buying an additional 255,385 shares in the last quarter. Finally, Berkley W R Corp grew its stake in Haymaker Acquisition Corp. 4 by 826.0% during the third quarter. Berkley W R Corp now owns 1,680,012 shares of the company’s stock worth $19,051,000 after buying an additional 1,498,590 shares during the last quarter. Institutional investors own 71.07% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Haymaker Acquisition Corp. 4 currently has a consensus rating of “Sell”.

About Haymaker Acquisition Corp. 4

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.