Haymaker Acquisition Corp. 4 (NYSE:HYAC) Short Interest Down 92.3% in September

Key Points

• Short interest in Haymaker Acquisition Corp. 4 (NYSE:HYAC) fell by 92.3% in September, decreasing from 1,300 shares to just 100 shares as of September 30th.
• Wall Street analysts have mostly rated the stock negatively, with a consensus rating of "Sell," although one analyst recently upgraded it to a "hold" rating.
• Institutional investors hold 71.07% of Haymaker Acquisition Corp. 4's stock, with significant increases in holdings reported from firms like Wolverine Asset Management and Mizuho Securities USA.

Haymaker Acquisition Corp. 4 (NYSE:HYAC - Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 100 shares, a decline of 92.3% from the September 15th total of 1,300 shares. Based on an average daily trading volume, of 140,500 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 140,500 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Wall Street Zen upgraded Haymaker Acquisition Corp. 4 from a "sell" rating to a "hold" rating in a research note on Sunday, August 3rd. Weiss Ratings restated a "sell (d)" rating on shares of Haymaker Acquisition Corp. 4 in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of "Sell".

Hedge Funds Weigh In On Haymaker Acquisition Corp. 4

A number of institutional investors have recently made changes to their positions in the stock. Wolverine Asset Management LLC raised its holdings in shares of 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 worth $11,123,000 after acquiring an additional 255,385 shares during the last quarter. Mizuho Securities USA LLC raised its holdings in shares of Haymaker Acquisition Corp. 4 by 65.1% in the first quarter. Mizuho Securities USA LLC now owns 250,495 shares of the company's stock worth $2,718,000 after acquiring an additional 98,793 shares during the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in shares of Haymaker Acquisition Corp. 4 in the second quarter worth $1,110,000. 71.07% of the stock is owned by institutional investors and hedge funds.

Haymaker Acquisition Corp. 4 Stock Performance

HYAC stock traded down $0.02 during midday trading on Thursday, hitting $11.28. 10,340 shares of the stock were exchanged, compared to its average volume of 16,599. The stock's 50-day moving average is $11.26. Haymaker Acquisition Corp. 4 has a fifty-two week low of $10.66 and a fifty-two week high of $11.39.

Haymaker Acquisition Corp. 4 Company Profile

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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