Harvard Ave Acquistion Corp (NASDAQ:HAVA) Shares Shorted: Short Interest Up 418.8% in October

Harvard Ave Acquistion Corp (NASDAQ:HAVA) saw a large 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. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 46,939 shares, the days-to-cover ratio is presently 0.0 days.

Harvard Ave Acquistion Stock Up 0.3%

Shares of Harvard Ave Acquistion stock traded up $0.04 during trading on Wednesday, reaching $10.32. 104,024 shares of the company traded hands, compared to its average volume of 57,674. Harvard Ave Acquistion has a 1-year low of $9.87 and a 1-year high of $10.30. The company has a 50 day moving average price of $10.25 and a 200-day moving average price of $10.12.

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

Analyst Upgrades and Downgrades

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 equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Harvard Ave Acquistion

Institutional investors and hedge funds have recently made changes to their positions in the stock. Whitebox Advisors LLC bought a new position in Harvard Ave Acquistion in the first quarter worth approximately $7,508,000. Polar Asset Management Partners Inc. bought a new stake in shares of Harvard Ave Acquistion during the first quarter valued at approximately $7,506,000. Sona Asset Management US LLC bought a new stake in shares of Harvard Ave Acquistion during the first quarter valued at approximately $4,106,000. Finally, Context Capital Management LLC acquired a new position in shares of Harvard Ave Acquistion during the third quarter worth approximately $3,072,000.

About Harvard Ave Acquistion

Harvard Ave Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. As a blank-check company, Harvard Ave Acquisition does not operate a traditional business or offer products and services of its own. Its activities are focused on evaluating potential acquisition opportunities and completing an initial business combination. Publicly available information about the company’s target industry, geographic focus, completed transactions and leadership is limited.