HCM IV Acquisition Corp. (NASDAQ:HACQ) Sees Significant Drop in Short Interest

HCM IV Acquisition Corp. (NASDAQ:HACQ) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 616 shares, a drop of 39.5% from the May 31st total of 1,018 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 7,648 shares, the short-interest ratio is currently 0.1 days.

HCM IV Acquisition Stock Up 0.0%

Shares of NASDAQ HACQ traded up $0.01 during midday trading on Wednesday, hitting $10.04. The company’s stock had a trading volume of 24,331 shares, compared to its average volume of 32,294. The company’s fifty day simple moving average is $9.97. HCM IV Acquisition has a one year low of $9.86 and a one year high of $10.03.

HCM IV Acquisition Company Profile

HCM IV Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.