Short Interest in Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Increases By 7.5%

Posted by Teresa Graham on Sep 17th, 2024

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI – Get Free Report) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 5,700 shares, an increase of 7.5% from the August 15th total of 5,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 23,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VI

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. K2 Principal Fund L.P. purchased a new stake in Hennessy Capital Investment Corp. VI in the 1st quarter worth $135,000. Tidal Investments LLC purchased a new stake in Hennessy Capital Investment Corp. VI in the 1st quarter worth $208,000. Robinson Capital Management LLC increased its holdings in Hennessy Capital Investment Corp. VI by 72.1% in the 1st quarter. Robinson Capital Management LLC now owns 47,747 shares of the company’s stock worth $501,000 after acquiring an additional 20,000 shares in the last quarter. Tuttle Capital Management LLC purchased a new stake in Hennessy Capital Investment Corp. VI in the 1st quarter worth $313,000. Finally, Mizuho Securities USA LLC purchased a new stake in Hennessy Capital Investment Corp. VI in the 1st quarter worth $815,000. Hedge funds and other institutional investors own 59.54% of the company’s stock.

Hennessy Capital Investment Corp. VI Stock Up 0.1 %

NASDAQ:HCVI opened at $10.67 on Tuesday. The company has a 50 day moving average price of $10.62 and a 200-day moving average price of $10.54. Hennessy Capital Investment Corp. VI has a 1-year low of $10.30 and a 1-year high of $11.47.

About Hennessy Capital Investment Corp. VI

(Get Free Report)

Hennessy Capital Investment Corp. VI does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the industrial technology sectors in the United States. The company was incorporated in 2021 and is based in Zephyr Cove, Nevada.