229,400 Shares in Harvard Ave Acquistion Corp $HAVA Bought by Clear Street Group Inc.

Clear Street Group Inc. purchased a new position in shares of Harvard Ave Acquistion Corp (NASDAQ:HAVA) during the 4th quarter, Holdings Channel.com reports. The firm purchased 229,400 shares of the company’s stock, valued at approximately $2,278,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Context Capital Management LLC acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $2,979,000. Westchester Capital Management LLC acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $1,972,000. Berkley W R Corp acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $665,000. Finally, Hudson Bay Capital Management LP acquired a new stake in Harvard Ave Acquistion during the 4th quarter worth $7,462,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Harvard Ave Acquistion from a “sell (e)” rating to a “sell (e+)” rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Harvard Ave Acquistion Trading Down 0.2%

Shares of NASDAQ:HAVA opened at $10.07 on Monday. The company has a 50-day moving average price of $10.06. Harvard Ave Acquistion Corp has a fifty-two week low of $9.87 and a fifty-two week high of $10.11.

Harvard Ave Acquistion Profile

Harvard Ave Acquisition (NASDAQ: HAVA) is a special purpose acquisition company (SPAC) formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, reorganization or similar business combination. As with other blank-check companies, its primary corporate purpose prior to completing a business combination is to identify and negotiate a qualifying transaction that will result in an operating public company.

The company’s principal activities consist of sourcing potential targets, conducting due diligence, negotiating transaction terms, and, if approved by shareholders, completing a business combination.