HCM IV Acquisition Corp. (NASDAQ:HACQ) Short Interest Update

HCM IV Acquisition Corp. (NASDAQ:HACQGet Free Report) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 616 shares, a decrease of 39.5% from the May 31st total of 1,018 shares. Based on an average trading volume of 7,648 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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 analyst has rated the stock with a Sell rating, According to data from MarketBeat, HCM IV Acquisition currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on HCM IV Acquisition

HCM IV Acquisition Price Performance

HACQ stock remained flat at $10.04 during midday trading on Friday. The company had a trading volume of 24,555 shares, compared to its average volume of 32,113. The firm’s 50-day simple moving average is $9.98. HCM IV Acquisition has a one year low of $9.86 and a one year high of $10.04.

About HCM IV Acquisition

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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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