HCM II Acquisition Corp. (
NASDAQ:HOND -
Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $17.84 and last traded at $17.42, with a volume of 3089253 shares trading hands. The stock had previously closed at $15.78.
HCM II Acquisition Stock Up 11.2%
The business's 50 day moving average price is $11.63 and its 200-day moving average price is $11.20.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Linden Advisors LP bought a new position in shares of HCM II Acquisition in the 1st quarter worth $21,150,000. Magnetar Financial LLC acquired a new position in shares of HCM II Acquisition during the 1st quarter worth about $20,719,000. MMCAP International Inc. SPC acquired a new position in HCM II Acquisition during the first quarter valued at approximately $10,310,000. Encompass Capital Advisors LLC bought a new stake in HCM II Acquisition in the first quarter valued at approximately $10,006,000. Finally, Shay Capital LLC acquired a new stake in HCM II Acquisition in the second quarter worth $6,086,000.
About HCM II Acquisition
(
Get Free Report)
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.
Further Reading
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