Harvard Ave Acquistion Corp (NASDAQ:HAVA) Shares Shorted: Short Interest Up 418.8% in October

Harvard Ave Acquistion Corp (NASDAQ:HAVA) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 166 shares, a growth of 418.8% from the October 15th total of 32 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 46,939 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Harvard Ave Acquistion from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, September 10th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Institutional Trading of Harvard Ave Acquistion

Institutional investors have recently made changes to their positions in the company. Whitebox Advisors LLC purchased a new stake in shares of Harvard Ave Acquistion in the first quarter valued at about $7,508,000. Polar Asset Management Partners Inc. bought a new position in shares of Harvard Ave Acquistion during the first quarter valued at about $7,506,000. Sona Asset Management US LLC purchased a new position in Harvard Ave Acquistion during the first quarter worth about $4,106,000. Finally, Context Capital Management LLC purchased a new position in Harvard Ave Acquistion during the third quarter worth about $3,072,000.

Harvard Ave Acquistion Stock Up 0.3%

Shares of NASDAQ:HAVA traded up $0.04 during mid-day trading on Wednesday, hitting $10.32. 104,024 shares of the company traded hands, compared to its average volume of 57,674. Harvard Ave Acquistion has a 12-month low of $9.87 and a 12-month high of $10.30. The stock has a 50-day moving average price of $10.25 and a two-hundred day moving average price of $10.12.

Harvard Ave Acquistion (NASDAQ:HAVA) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.05 earnings per share (EPS) for the quarter.

About Harvard Ave Acquistion

Harvard Ave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. As a blank-check company, Harvard Ave Acquisition does not operate a traditional business or offer products and services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing an initial business combination. Publicly available information about the company’s target industry, geographic focus, completed transactions and leadership is limited.