Harvard Ave Acquistion Corp (NASDAQ:HAVA) Sees Large Increase in Short Interest

Harvard Ave Acquistion Corp (NASDAQ:HAVA) was the recipient of a significant growth in short interest in the month of 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. Based on an average trading volume of 46,939 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Harvard Ave Acquistion Trading Up 0.3%

Shares of HAVA stock traded up $0.04 during mid-day trading on Friday, reaching $10.32. The company’s stock had a trading volume of 165,006 shares, compared to its average volume of 40,887. Harvard Ave Acquistion has a 1-year low of $9.87 and a 1-year high of $10.30. The firm’s 50-day moving average is $10.26 and its two-hundred day moving average is $10.12.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Whitebox Advisors LLC acquired a new stake in Harvard Ave Acquistion during the first quarter valued at approximately $7,508,000. Polar Asset Management Partners Inc. acquired a new position in shares of Harvard Ave Acquistion in the 1st quarter worth approximately $7,506,000. Sona Asset Management US LLC bought a new position in shares of Harvard Ave Acquistion during the 1st quarter worth approximately $4,106,000. Finally, Context Capital Management LLC bought a new position in shares of Harvard Ave Acquistion during the 3rd quarter worth approximately $3,072,000.

Analyst Ratings Changes

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

About Harvard Ave Acquistion

Harvard Ave Acquisition Corporation is a special purpose acquisition company (SPAC), formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a SPAC, Harvard Ave does not operate a business or offer products and services of its own. Its activities are centered on identifying and completing a business combination.