Suncrete (NASDAQ:RMIX) Short Interest Update

Suncrete (NASDAQ:RMIX) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 441,408 shares, an increase of 78.5% from the May 31st total of 247,304 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 491,850 shares, the short-interest ratio is currently 0.9 days.

Wall Street Analyst Weigh In

RMIX has been the subject of a number of recent analyst reports. B. Riley Financial began coverage on Suncrete in a report on Wednesday, June 24th. They set a “buy” rating and a $26.00 price target for the company. Jefferies Financial Group initiated coverage on Suncrete in a research report on Friday, May 1st. They set a “buy” rating and a $19.00 target price on the stock. Roth Mkm began coverage on Suncrete in a research note on Thursday, May 14th. They set a “buy” rating and a $21.00 target price for the company. William Blair initiated coverage on Suncrete in a report on Monday, May 4th. They issued an “outperform” rating for the company. Finally, Wall Street Zen upgraded Suncrete to a “sell” rating in a report on Saturday, June 13th. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, Suncrete presently has a consensus rating of “Buy” and an average target price of $21.75.

Suncrete Price Performance

Shares of Suncrete stock opened at $21.69 on Friday. Suncrete has a one year low of $9.20 and a one year high of $25.50. The company has a 50-day moving average price of $18.46.

Suncrete (NASDAQ:RMIX) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.60) earnings per share (EPS) for the quarter. The business had revenue of ($14.49) million during the quarter. Analysts expect that Suncrete will post 0.21 EPS for the current fiscal year.

Suncrete Company Profile

Haymaker Acquisition Corp. 4 is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. Haymaker Acquisition Corp. 4 is based in New York.