YHN Acquisition I (NASDAQ:YHNA) Trading Up 0% – Here’s What Happened

YHN Acquisition I Limited (NASDAQ:YHNA) rose 0% on Thursday . The company traded as high as $10.65 and last traded at $10.6550. Approximately 874 shares traded hands during trading, an increase of 45% from the average daily volume of 603 shares. The stock had previously closed at $10.65.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of YHN Acquisition I in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

YHN Acquisition I Trading Up 1.5%

The company has a fifty day moving average of $10.71 and a two-hundred day moving average of $10.55.

Institutional Investors Weigh In On YHN Acquisition I

A number of institutional investors and hedge funds have recently made changes to their positions in YHNA. Wolverine Asset Management LLC boosted its stake in YHN Acquisition I by 33.1% in the second quarter. Wolverine Asset Management LLC now owns 244,978 shares of the company’s stock valued at $2,532,000 after acquiring an additional 60,903 shares during the last quarter. Mangrove Partners IM LLC bought a new position in YHN Acquisition I during the 3rd quarter valued at approximately $3,223,000. JPMorgan Chase & Co. bought a new position in YHN Acquisition I in the third quarter worth about $3,599,000. Finally, Berkley W R Corp lifted its position in YHN Acquisition I by 33.7% during the 2nd quarter. Berkley W R Corp now owns 673,553 shares of the company’s stock valued at $6,962,000 after acquiring an additional 169,637 shares during the period.

YHN Acquisition I Company Profile

YH Acquisition I Co is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker YHNA. As a blank‐check vehicle, the company was formed to effect one or more business combinations, mergers, share exchanges or similar transactions with one or more operating businesses or assets. It does not have operations of its own and holds its proceeds in a trust account until completion of a qualifying transaction.

The firm’s sponsor, YH Capital Partners, brings experience in growth capital and private equity investing across technology, consumer, and industrial sectors.