385,464 Shares in Pono Capital Four, Inc. $PONO Purchased by Harraden Circle Investments LLC

Harraden Circle Investments LLC acquired a new stake in Pono Capital Four, Inc. (NASDAQ:PONO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 385,464 shares of the company’s stock, valued at approximately $3,839,000. Harraden Circle Investments LLC owned 2.57% of Pono Capital Four at the end of the most recent quarter.

Separately, Lineage Point Capital LP acquired a new position in Pono Capital Four during the second quarter worth $1,736,000. 74.11% of the stock is currently owned by hedge funds and other institutional investors.

Pono Capital Four Trading Up 0.2%

NASDAQ PONO opened at $10.03 on Friday. The stock’s fifty day moving average is $10.00. Pono Capital Four, Inc. has a fifty-two week low of $9.84 and a fifty-two week high of $10.06.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on Pono Capital Four in a report on Friday, August 14th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Pono Capital Four Company Profile

Pono Capital Four Inc is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.