270,740 Shares in HCM Acquisition Corp $HCMA Purchased by Clear Street Group Inc.

Clear Street Group Inc. purchased a new position in shares of HCM Acquisition Corp (NASDAQ:HCMA) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 270,740 shares of the company’s stock, valued at approximately $2,736,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of HCMA. Highbridge Capital Management LLC acquired a new stake in shares of HCM Acquisition in the third quarter valued at approximately $10,100,000. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new position in shares of HCM Acquisition during the 3rd quarter worth approximately $10,105,000. Harraden Circle Investments LLC acquired a new position in shares of HCM Acquisition during the 3rd quarter worth approximately $9,054,000. Two Sigma Investments LP bought a new stake in HCM Acquisition in the 3rd quarter valued at $8,059,000. Finally, Radcliffe Capital Management L.P. bought a new stake in HCM Acquisition in the 3rd quarter valued at $5,810,000. Institutional investors own 11.79% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of HCM Acquisition in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

HCM Acquisition Price Performance

HCM Acquisition stock opened at $10.12 on Friday. The company’s 50-day moving average price is $10.14 and its two-hundred day moving average price is $9.45. HCM Acquisition Corp has a twelve month low of $10.03 and a twelve month high of $10.49.

HCM Acquisition Profile

HCM Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with one or more target businesses. The company raised capital through its initial public offering and is listed on the Nasdaq under the ticker HCMA. As a blank check vehicle, HCM Acquisition holds its funds in trust until it consummates a qualifying merger, share exchange, asset acquisition or other business combination.

The SPAC is sponsored by affiliates of Healthcare Capital Management LLC, a Los Angeles‐based investment firm with experience in healthcare and life sciences investing.