Suncrete (NASDAQ:RMIX) Short Interest Update

Suncrete (NASDAQ:RMIX) was the target of a significant increase in short interest during 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. Based on an average daily volume of 491,850 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.8% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Several research firms have commented on RMIX. Wall Street Zen raised shares of Suncrete to a “sell” rating in a research report on Saturday, June 13th. Jefferies Financial Group assumed coverage on Suncrete in a report on Friday, May 1st. They issued a “buy” rating and a $19.00 target price for the company. Weiss Ratings initiated coverage on Suncrete in a research report on Wednesday, April 29th. They set a “sell (d+)” rating for the company. William Blair began coverage on Suncrete in a report on Monday, May 4th. They set an “outperform” rating on the stock. Finally, Robert W. Baird initiated coverage on Suncrete in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $21.00 price objective on the stock. Two 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 stock. According to MarketBeat.com, Suncrete presently has an average rating of “Buy” and an average price target of $21.75.

Suncrete Stock Performance

NASDAQ:RMIX opened at $21.69 on Friday. The stock’s fifty day moving average is $18.62. Suncrete has a 1 year low of $9.20 and a 1 year high of $25.50.

Suncrete (NASDAQ:RMIX) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.60) earnings per share for the quarter. The firm had revenue of ($14.49) million during the quarter. On average, analysts predict that Suncrete will post 0.21 earnings per share 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.