Harvard Ave Acquistion Corp (NASDAQ:HAVA) Short Interest Down 96.0% in July

Harvard Ave Acquistion Corp (NASDAQ:HAVA) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 133 shares, a decline of 96.0% from the July 15th total of 3,303 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 15,338 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research report on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Harvard Ave Acquistion Stock Up 0.2%

Shares of HAVA traded up $0.02 during trading on Thursday, reaching $10.17. The company’s stock had a trading volume of 5,615 shares, compared to its average volume of 9,317. Harvard Ave Acquistion has a twelve month low of $9.87 and a twelve month high of $10.17. The business’s fifty day moving average price is $10.13.

Harvard Ave Acquistion (NASDAQ:HAVA) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.05 earnings per share for the quarter.

Institutional Trading of Harvard Ave Acquistion

Several large investors have recently made changes to their positions in the business. Whitebox Advisors LLC acquired a new stake in Harvard Ave Acquistion in the 1st quarter valued at about $7,508,000. Polar Asset Management Partners Inc. acquired a new position in Harvard Ave Acquistion in the 1st quarter valued at $7,506,000. Sona Asset Management US LLC acquired a new position in Harvard Ave Acquistion in the 1st quarter valued at $4,106,000. Lineage Point Capital LP bought a new position in Harvard Ave Acquistion in the 4th quarter valued at about $2,433,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in Harvard Ave Acquistion during the fourth quarter valued at approximately $1,490,000.

About Harvard Ave Acquistion

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.