Harvard Ave Acquistion Corp (NASDAQ:HAVA) Shares Shorted: Short Interest Down 57.0% in September

Harvard Ave Acquistion Corp (NASDAQ:HAVA) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 58 shares, a decline of 57.0% from the August 31st total of 135 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 25,270 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Harvard Ave Acquistion from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, September 10th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Harvard Ave Acquistion has a consensus rating of “Sell”.

Harvard Ave Acquistion Trading Up 0.1%

HAVA traded up $0.01 during trading on Monday, hitting $10.23. 20,006 shares of the stock were exchanged, compared to its average volume of 70,254. Harvard Ave Acquistion has a 1-year low of $9.87 and a 1-year high of $10.23. The stock has a fifty day moving average price of $10.19 and a two-hundred day moving average price of $10.11.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Whitebox Advisors LLC bought a new position in Harvard Ave Acquistion in the 1st quarter valued at about $7,508,000. Polar Asset Management Partners Inc. bought a new position in Harvard Ave Acquistion in the 1st quarter worth approximately $7,506,000. Aristeia Capital L.L.C. purchased a new stake in Harvard Ave Acquistion in the 4th quarter worth about $5,462,000. Radcliffe Capital Management L.P. purchased a new position in shares of Harvard Ave Acquistion in the 4th quarter worth approximately $5,462,000. Finally, Sona Asset Management US LLC purchased a new position in shares of Harvard Ave Acquistion during the first quarter worth $4,106,000.

About Harvard Ave Acquistion

Harvard Ave Acquisition Corp. (NASDAQ:HAVA) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies.

As a SPAC, the company does not operate a conventional business or offer products and services of its own. Its activities primarily involve evaluating potential acquisition targets and pursuing a merger, acquisition, or similar transaction that would allow a private company to become publicly traded.

Publicly available information about Harvard Ave Acquisition Corp.’s target industry, geographic focus, completed transactions, and leadership is limited.