Bulldog Investors LLP Grows Holdings in Highview Merger Corp. $HVMC

Bulldog Investors LLP boosted its position in shares of Highview Merger Corp. (NASDAQ:HVMC) by 36.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 219,965 shares of the company’s stock after acquiring an additional 59,302 shares during the period. Bulldog Investors LLP’s holdings in Highview Merger were worth $2,211,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in HVMC. Magnetar Financial LLC bought a new position in Highview Merger in the 4th quarter worth $9,293,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in Highview Merger in the 4th quarter worth $4,000,000. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Highview Merger during the fourth quarter valued at about $2,500,000. Governors Lane LP bought a new stake in Highview Merger during the fourth quarter valued at about $1,539,000. Finally, Aristeia Capital L.L.C. purchased a new position in shares of Highview Merger in the fourth quarter valued at about $1,874,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Highview Merger in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Highview Merger Stock Performance

Highview Merger stock opened at $10.19 on Tuesday. Highview Merger Corp. has a 1 year low of $9.93 and a 1 year high of $10.20. The firm’s 50 day moving average is $10.17.

Highview Merger (NASDAQ:HVMC) last released its earnings results on Thursday, May 14th. The company reported $0.06 EPS for the quarter.

Highview Merger Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.