Weiss Ratings Reaffirms "Sell (D-)" Rating for YHN Acquisition I (NASDAQ:YHNA)

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for YHN Acquisition I (NASDAQ:YHNA), indicating ongoing concerns about the company's performance.
• YHN Acquisition I's stock experienced a slight uptick of 0.2%, trading at $10.47 with a 12-month low of $9.99 and high of $10.70.
• Several large investors, including Mizuho Securities and Wolverine Asset Management, have recently increased their holdings in YHN Acquisition I, reflecting varying investor sentiment.

YHN Acquisition I (NASDAQ:YHNA - Get Free Report)'s stock had its "sell (d-)" rating reissued by equities research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

YHN Acquisition I Stock Up 0.2%

Shares of YHNA traded up $0.02 during trading hours on Wednesday, reaching $10.47. The stock had a trading volume of 344,900 shares, compared to its average volume of 18,075. YHN Acquisition I has a 12 month low of $9.99 and a 12 month high of $10.70. The company's 50-day moving average is $10.45 and its two-hundred day moving average is $10.35.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Mizuho Securities USA LLC increased its holdings in YHN Acquisition I by 0.3% in the first quarter. Mizuho Securities USA LLC now owns 644,057 shares of the company's stock valued at $6,537,000 after purchasing an additional 1,661 shares during the period. Wolverine Asset Management LLC increased its holdings in YHN Acquisition I by 33.1% in the second quarter. Wolverine Asset Management LLC now owns 244,978 shares of the company's stock valued at $2,532,000 after purchasing an additional 60,903 shares during the period. Finally, Berkley W R Corp increased its holdings in YHN Acquisition I by 33.7% in the second quarter. Berkley W R Corp now owns 673,553 shares of the company's stock valued at $6,962,000 after purchasing an additional 169,637 shares during the period.

YHN Acquisition I Company Profile

YHN Acquisition I Limited is a blank check company. It formed for the purpose of merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. YHN Acquisition I Limited is based in New York.

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