YHN Acquisition I (NASDAQ:YHNA) Trading 0.5% Higher – Should You Buy?

Shares of YHN Acquisition I Limited (NASDAQ:YHNA) were up 0.5% during mid-day trading on Thursday . The company traded as high as $10.47 and last traded at $10.50. Approximately 344,900 shares traded hands during mid-day trading, an increase of 959% from the average daily volume of 32,570 shares. The stock had previously closed at $10.45.

YHN Acquisition I Price Performance

The business’s 50-day simple moving average is $10.44 and its 200-day simple moving average is $10.35.

Hedge Funds Weigh In On YHN Acquisition I

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Berkley W R Corp increased its position in shares of YHN Acquisition I by 33.7% during the second quarter. Berkley W R Corp now owns 673,553 shares of the company’s stock valued at $6,962,000 after buying an additional 169,637 shares during the period. Mizuho Securities USA LLC increased its position in shares of YHN Acquisition I by 0.3% during the first quarter. Mizuho Securities USA LLC now owns 644,057 shares of the company’s stock valued at $6,537,000 after buying an additional 1,661 shares during the period. Finally, Wolverine Asset Management LLC increased its position in shares of YHN Acquisition I by 33.1% during the second quarter. Wolverine Asset Management LLC now owns 244,978 shares of the company’s stock valued at $2,532,000 after buying an additional 60,903 shares during the period.

About YHN Acquisition I

YHN Acquisition I Limited is a blank check company. It formed for the purpose of merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. YHN Acquisition I Limited is based in New York.