270,740 Shares in HCM Acquisition Corp $HCMA Bought by Clear Street Group Inc.

Clear Street Group Inc. purchased a new stake in HCM Acquisition Corp (NASDAQ:HCMA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 270,740 shares of the company’s stock, valued at approximately $2,736,000. Clear Street Group Inc. owned about 1.91% of HCM Acquisition at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HCMA. Fort Baker Capital Management LP acquired a new position in shares of HCM Acquisition during the 3rd quarter worth about $101,000. DLD Asset Management LP acquired a new stake in shares of HCM Acquisition in the third quarter valued at about $104,000. JPMorgan Chase & Co. acquired a new stake in shares of HCM Acquisition in the third quarter valued at about $251,000. Ghisallo Capital Management LLC bought a new stake in HCM Acquisition during the third quarter worth about $252,000. Finally, Davidson Kempner Capital Management LP acquired a new position in HCM Acquisition during the third quarter valued at approximately $253,000. 11.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e)” rating on shares of HCM Acquisition in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, HCM Acquisition presently has an average rating of “Sell”.

HCM Acquisition Trading Up 0.1%

Shares of HCMA stock opened at $10.12 on Friday. The company has a fifty day moving average price of $10.14 and a two-hundred day moving average price of $9.45. HCM Acquisition Corp has a one year low of $10.03 and a one year high of $10.49.

HCM Acquisition Company Profile

HCM Acquisition Corp. is a Delaware‐incorporated special purpose acquisition company (SPAC) that was formed to identify and complete a business combination with one or more target businesses. The company raised capital through its initial public offering and is listed on the Nasdaq under the ticker HCMA. As a blank check vehicle, HCM Acquisition holds its funds in trust until it consummates a qualifying merger, share exchange, asset acquisition or other business combination.

The SPAC is sponsored by affiliates of Healthcare Capital Management LLC, a Los Angeles‐based investment firm with experience in healthcare and life sciences investing.