HCM II Acquisition Corp. $HOND Shares Purchased by FNY Investment Advisers LLC

Key Points

• FNY Investment Advisers LLC dramatically increased its stake in HCM II Acquisition Corp. by 41,400.0%, owning a total of 41,500 shares valued at approximately $460,000.
• Multiple institutional investors, including Patriot Financial Group and Mizuho Securities, have recently acquired new positions in HCM II Acquisition, indicating growing interest in this blank check company.
• HCM II Acquisition shares are trading at around $19.19, with a notable 1-year high of $31.50 and a 1-year low of $9.96, although analysts have given the stock a consensus rating of "Sell."

FNY Investment Advisers LLC lifted its stake in shares of HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) by 41,400.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,500 shares of the company's stock after acquiring an additional 41,400 shares during the period. FNY Investment Advisers LLC owned 0.14% of HCM II Acquisition worth $460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of HOND. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of HCM II Acquisition in the 2nd quarter valued at $209,000. Mizuho Securities USA LLC acquired a new stake in HCM II Acquisition during the first quarter worth about $271,000. DLD Asset Management LP purchased a new position in shares of HCM II Acquisition in the 1st quarter worth about $2,416,000. Context Capital Management LLC acquired a new position in shares of HCM II Acquisition in the 1st quarter valued at about $3,156,000. Finally, Polar Asset Management Partners Inc. purchased a new stake in shares of HCM II Acquisition during the 1st quarter worth about $3,743,000.

HCM II Acquisition Stock Performance

Shares of HCM II Acquisition stock opened at $19.19 on Wednesday. HCM II Acquisition Corp. has a 1-year low of $9.96 and a 1-year high of $31.50. The business has a 50-day moving average of $14.91 and a 200-day moving average of $12.43.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of HCM II Acquisition in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, HCM II Acquisition has a consensus rating of "Sell".

About HCM II Acquisition

HCM II Acquisition Corp. operates as a blank check company. It was formed for the purpose of entering into a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded on April 4, 2024 and is headquartered in Stamford, CT.

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