Short Interest in JAWS Hurricane Acquisition Co. (NASDAQ:HCNEW) Drops By 20.8%

JAWS Hurricane Acquisition Co. (NASDAQ:HCNEWGet Rating) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,900 shares, a decline of 20.8% from the August 15th total of 2,400 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 0.5 days.

JAWS Hurricane Acquisition Price Performance

Shares of NASDAQ:HCNEW opened at $0.20 on Friday. JAWS Hurricane Acquisition has a 1-year low of $0.17 and a 1-year high of $1.52. The stock’s 50-day moving average price is $0.30.

Hedge Funds Weigh In On JAWS Hurricane Acquisition

Large investors have recently bought and sold shares of the business. Highbridge Capital Management LLC increased its stake in shares of JAWS Hurricane Acquisition by 142.6% in the 1st quarter. Highbridge Capital Management LLC now owns 1,159,403 shares of the company’s stock valued at $765,000 after acquiring an additional 681,518 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of JAWS Hurricane Acquisition in the 1st quarter valued at about $150,000. Spartan Fund Management Inc. acquired a new position in shares of JAWS Hurricane Acquisition in the 1st quarter valued at approximately $40,000. Finally, P Schoenfeld Asset Management LP grew its position in shares of JAWS Hurricane Acquisition by 31.6% in the 1st quarter. P Schoenfeld Asset Management LP now owns 156,265 shares of the company’s stock valued at $117,000 after purchasing an additional 37,500 shares during the period.

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