YHN Acquisition I (NASDAQ:YHNA) Trading Up 0.2% – Time to Buy?

YHN Acquisition I Limited (NASDAQ:YHNA) rose 0.2% during trading on Tuesday . The stock traded as high as $10.88 and last traded at $10.88. Approximately 522 shares traded hands during mid-day trading, an increase of 66% from the average daily volume of 314 shares. The stock had previously closed at $10.86.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of YHN Acquisition I in a research note on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

YHN Acquisition I Stock Up 0.2%

The company has a 50 day moving average of $10.81 and a 200 day moving average of $10.74.

YHN Acquisition I (NASDAQ:YHNA) last posted its earnings results on Thursday, May 14th. The company reported $0.06 earnings per share for the quarter.

Institutional Trading of YHN Acquisition I

An institutional investor recently bought a new position in YHN Acquisition I stock. Mangrove Partners IM LLC acquired a new position in shares of YHN Acquisition I Limited (NASDAQ:YHNA) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 307,818 shares of the company’s stock, valued at approximately $3,223,000. Mangrove Partners IM LLC owned 3.86% of YHN Acquisition I at the end of the most recent quarter.

YHN Acquisition I Company Profile

YH Acquisition I Co is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the NASDAQ under the ticker YHNA. As a blank‐check vehicle, the company was formed to effect one or more business combinations, mergers, share exchanges or similar transactions with one or more operating businesses or assets. It does not have operations of its own and holds its proceeds in a trust account until completion of a qualifying transaction.

The firm’s sponsor, YH Capital Partners, brings experience in growth capital and private equity investing across technology, consumer, and industrial sectors.