Harvard Ave Acquistion Corp (NASDAQ:HAVA) Short Interest Update

Harvard Ave Acquistion Corp (NASDAQ:HAVA) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 133 shares, a decline of 96.0% from the July 15th total of 3,303 shares. Based on an average daily trading volume, of 15,338 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Hedge Funds Weigh In On Harvard Ave Acquistion

Several hedge funds have recently added to or reduced their stakes in the stock. Toronto Dominion Bank purchased a new stake in shares of Harvard Ave Acquistion during the 4th quarter worth approximately $80,000. Boothbay Fund Management LLC purchased a new position in shares of Harvard Ave Acquistion in the 4th quarter valued at $487,000. Berkley W R Corp purchased a new position in shares of Harvard Ave Acquistion in the 4th quarter valued at $665,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $1,490,000. Finally, Westchester Capital Management LLC acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $1,972,000.

Harvard Ave Acquistion Price Performance

NASDAQ:HAVA remained flat at $10.15 during trading hours on Wednesday. The company had a trading volume of 5,608 shares, compared to its average volume of 53,431. Harvard Ave Acquistion has a 52-week low of $9.87 and a 52-week high of $10.17. The business has a 50-day moving average price of $10.12.

Harvard Ave Acquistion (NASDAQ:HAVA) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.05 earnings per share (EPS) for the quarter.

About Harvard Ave Acquistion

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.