Hudson Acquisition I Corp. (NASDAQ:HUDA – Get Free Report) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totalling 1,500 shares, a growth of 15.4% from the July 15th total of 1,300 shares. Based on an average trading volume of 25,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.7% of the shares of the company are sold short.
Institutional Investors Weigh In On Hudson Acquisition I
Several hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC raised its holdings in Hudson Acquisition I by 17.2% in the 4th quarter. Wolverine Asset Management LLC now owns 239,427 shares of the company’s stock valued at $2,538,000 after acquiring an additional 35,062 shares in the last quarter. Crystalline Management Inc. acquired a new position in shares of Hudson Acquisition I in the fourth quarter valued at $1,590,000. Tuttle Capital Management LLC bought a new position in Hudson Acquisition I in the first quarter worth $318,000. Clear Street LLC boosted its stake in Hudson Acquisition I by 5,696.0% during the fourth quarter. Clear Street LLC now owns 171,039 shares of the company’s stock worth $1,813,000 after buying an additional 168,088 shares in the last quarter. Finally, K2 Principal Fund L.P. bought a new stake in Hudson Acquisition I in the 1st quarter valued at $1,240,000. Institutional investors own 48.44% of the company’s stock.
Hudson Acquisition I Price Performance
NASDAQ HUDA remained flat at $12.56 during midday trading on Friday. The stock’s fifty day simple moving average is $13.32 and its 200 day simple moving average is $11.86. Hudson Acquisition I has a fifty-two week low of $10.47 and a fifty-two week high of $23.30.
About Hudson Acquisition I
Hudson Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
Featured Articles
- Five stocks we like better than Hudson Acquisition I
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- This Small Cap Wealth Management Stock Could Provide Big Returns
- Investing in the High PE Growth Stocks
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- What Is WallStreetBets and What Stocks Are They Targeting?
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for Hudson Acquisition I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hudson Acquisition I and related companies with MarketBeat.com's FREE daily email newsletter.
