HCM Acquisition (NASDAQ:HCMAU) Trading Down 0.2% – Time to Sell?

HCM Acquisition Corp (NASDAQ:HCMAU) shares were down 0.2% during trading on Wednesday . The company traded as low as $10.47 and last traded at $10.47. 100 shares changed hands during trading, a decline of 99% from the average session volume of 6,757 shares. The stock had previously closed at $10.49.

HCM Acquisition Stock Up 0.1%

The business has a 50 day moving average price of $10.40 and a 200-day moving average price of $10.33.

Institutional Trading of HCM Acquisition

Several large investors have recently bought and sold shares of HCMAU. Toronto Dominion Bank raised its stake in shares of HCM Acquisition by 0.4% during the fourth quarter. Toronto Dominion Bank now owns 351,379 shares of the company’s stock valued at $3,614,000 after purchasing an additional 1,379 shares during the period. KRYGER CAPITAL Ltd acquired a new stake in HCM Acquisition during the 4th quarter valued at $32,000. Clear Street Group Inc. grew its holdings in HCM Acquisition by 108.0% during the 4th quarter. Clear Street Group Inc. now owns 126,649 shares of the company’s stock valued at $1,303,000 after purchasing an additional 65,752 shares in the last quarter. HRT Financial LP increased its stake in HCM Acquisition by 2.8% during the 4th quarter. HRT Financial LP now owns 50,002 shares of the company’s stock worth $512,000 after buying an additional 1,385 shares during the period. Finally, Polar Asset Management Partners Inc. purchased a new stake in HCM Acquisition during the 3rd quarter worth $5,155,000.

HCM Acquisition Company Profile

HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.