Harvard Avenue Acquisition Corp. (NASDAQ:HAVAU – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 199 shares, a drop of 95.3% from the July 15th total of 4,267 shares. Based on an average daily volume of 406 shares, the short-interest ratio is presently 0.5 days.
Institutional Trading of Harvard Avenue Acquisition
Institutional investors have recently bought and sold shares of the business. Millennium Management LLC bought a new position in shares of Harvard Avenue Acquisition during the fourth quarter worth approximately $9,586,000. Polar Asset Management Partners Inc. acquired a new stake in Harvard Avenue Acquisition during the fourth quarter worth approximately $7,568,000. AQR Arbitrage LLC bought a new position in Harvard Avenue Acquisition during the 4th quarter worth $6,527,000. Westchester Capital Management LLC bought a new position in Harvard Avenue Acquisition during the 4th quarter worth $5,994,000. Finally, Magnetar Financial LLC acquired a new position in Harvard Avenue Acquisition in the 4th quarter valued at $5,506,000.
Harvard Avenue Acquisition Stock Performance
Shares of Harvard Avenue Acquisition stock remained flat at $10.49 during trading on Tuesday. The business has a 50-day moving average of $10.28 and a two-hundred day moving average of $10.18. Harvard Avenue Acquisition has a 1 year low of $9.98 and a 1 year high of $11.03.
About Harvard Avenue Acquisition
We are a blank check company incorporated in the Cayman Islands on August 15, 2024 as an exempted company with limited liability (meaning that our public shareholders have no liability, as shareholders of our company, for the liabilities of our company over and above the amount paid for their shares). We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic location.
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