Haymaker Acquisition Corp. 4 (NYSE:HYAC) Short Interest Update

Haymaker Acquisition Corp. 4 (NYSE:HYAC) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 80 shares, a decline of 90.6% from the December 15th total of 854 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 80,412 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 80,412 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Haymaker Acquisition Corp. 4 Stock Performance

Shares of NYSE:HYAC remained flat at $11.39 during midday trading on Wednesday. The company had a trading volume of 901,280 shares, compared to its average volume of 99,978. The company has a 50-day simple moving average of $11.35. Haymaker Acquisition Corp. 4 has a twelve month low of $10.78 and a twelve month high of $11.48.

Haymaker Acquisition Corp. 4 (NYSE:HYAC) last announced its quarterly earnings results on Thursday, November 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $2.60 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Haymaker Acquisition Corp. 4 in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in HYAC. Berkley W R Corp lifted its stake in shares of Haymaker Acquisition Corp. 4 by 826.0% during the 3rd quarter. Berkley W R Corp now owns 1,680,012 shares of the company’s stock worth $19,051,000 after buying an additional 1,498,590 shares during the last quarter. Wolverine Asset Management LLC increased its position in Haymaker Acquisition Corp. 4 by 43.9% during the 3rd quarter. Wolverine Asset Management LLC now owns 1,442,432 shares of the company’s stock worth $16,357,000 after purchasing an additional 440,383 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of Haymaker Acquisition Corp. 4 in the 2nd quarter valued at $1,110,000. Finally, Radcliffe Capital Management L.P. raised its position in Haymaker Acquisition Corp. 4 by 665.5% in the third quarter. Radcliffe Capital Management L.P. now owns 76,631 shares of the company’s stock valued at $869,000 after purchasing an additional 66,620 shares during the last quarter. Institutional investors and hedge funds own 71.07% of the company’s stock.

About Haymaker Acquisition Corp. 4

Haymaker Acquisition Corp. 4, launched in 2021, is a special purpose acquisition company incorporated in Delaware. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It is listed on the New York Stock Exchange under the ticker symbol HYAC.

The sponsor of the company is Haymaker Capital Investments, a US-based investment management firm that focuses on equity investments across a range of industries.