Harraden Circle Investments LLC Makes New Investment in Pono Capital Four, Inc. $PONO

Harraden Circle Investments LLC bought a new stake in Pono Capital Four, Inc. (NASDAQ:PONO) during the 2nd quarter, Holdings Channel reports. The firm bought 385,464 shares of the company’s stock, valued at approximately $3,839,000.

Separately, Lineage Point Capital LP acquired a new stake in shares of Pono Capital Four during the 2nd quarter worth approximately $1,736,000. Institutional investors own 74.11% of the company’s stock.

Pono Capital Four Trading Up 0.2%

Shares of PONO stock opened at $10.03 on Friday. The business has a 50 day moving average of $10.00. Pono Capital Four, Inc. has a one year low of $9.84 and a one year high of $10.06.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings started coverage on Pono Capital Four in a report on Friday, August 14th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

About Pono Capital Four

Pono Capital Four Inc is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.