Home Plate Acquisition Corp. (NASDAQ:HPLT) Short Interest Update

Home Plate Acquisition Corp. (NASDAQ:HPLTGet Rating) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 2,100 shares, an increase of 2,000.0% from the March 31st total of 100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 18,900 shares, the short-interest ratio is presently 0.1 days.

Several large investors have recently modified their holdings of the company. Wolverine Asset Management LLC purchased a new stake in shares of Home Plate Acquisition in the fourth quarter valued at about $950,000. Whitebox Advisors LLC purchased a new stake in shares of Home Plate Acquisition in the fourth quarter valued at about $967,000. JPMorgan Chase & Co. purchased a new stake in shares of Home Plate Acquisition in the fourth quarter valued at about $2,882,000. Corbin Capital Partners L.P. purchased a new stake in shares of Home Plate Acquisition in the fourth quarter valued at about $3,586,000. Finally, D. E. Shaw & Co. Inc. purchased a new stake in shares of Home Plate Acquisition in the fourth quarter valued at about $4,787,000. 0.39% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:HPLT remained flat at $$9.76 during midday trading on Wednesday. 2,024 shares of the stock traded hands, compared to its average volume of 39,451. The stock has a 50-day simple moving average of $9.76. Home Plate Acquisition has a 1-year low of $9.65 and a 1-year high of $10.19.

Home Plate Acquisition Company Profile (Get Rating)

Home Plate Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology and embedded finance sectors. The company was incorporated in 2021 and is based in New York, New York.

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