Whitebox Advisors LLC bought a new position in HCM II Acquisition Corp. (NASDAQ:HOND - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 400,000 shares of the company's stock, valued at approximately $4,008,000. Whitebox Advisors LLC owned approximately 1.39% of HCM II Acquisition as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently added to or reduced their stakes in the company. Picton Mahoney Asset Management bought a new stake in shares of HCM II Acquisition in the 4th quarter valued at $19,840,000. Wolverine Asset Management LLC acquired a new stake in HCM II Acquisition in the fourth quarter worth $7,675,000. Westchester Capital Management LLC acquired a new stake in HCM II Acquisition in the fourth quarter worth $6,718,000. Highbridge Capital Management LLC acquired a new position in shares of HCM II Acquisition during the fourth quarter valued at about $5,010,000. Finally, Berkley W R Corp acquired a new stake in shares of HCM II Acquisition in the 4th quarter valued at about $2,978,000.
HCM II Acquisition Stock Performance
NASDAQ:HOND traded down $0.03 on Friday, hitting $10.82. The stock had a trading volume of 167,161 shares, compared to its average volume of 136,036. HCM II Acquisition Corp. has a 52 week low of $9.90 and a 52 week high of $11.19. The company's fifty day moving average price is $10.48.
About HCM II Acquisition
(
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.
Recommended Stories
Before you consider HCM II Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HCM II Acquisition wasn't on the list.
While HCM II Acquisition currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
