Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Sees Large Growth in Short Interest

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 2,700 shares, an increase of 145.5% from the October 15th total of 1,100 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 62,700 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VI

A number of institutional investors and hedge funds have recently modified their holdings of HCVI. Mizuho Securities USA LLC acquired a new stake in shares of Hennessy Capital Investment Corp. VI during the 1st quarter valued at $815,000. Robinson Capital Management LLC lifted its position in shares of Hennessy Capital Investment Corp. VI by 72.1% during the 1st quarter. Robinson Capital Management LLC now owns 47,747 shares of the company’s stock valued at $501,000 after acquiring an additional 20,000 shares during the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of Hennessy Capital Investment Corp. VI during the 1st quarter valued at $135,000. Tidal Investments LLC purchased a new stake in shares of Hennessy Capital Investment Corp. VI in the first quarter valued at $208,000. Finally, Walleye Trading LLC purchased a new stake in shares of Hennessy Capital Investment Corp. VI in the first quarter valued at $1,877,000. Institutional investors and hedge funds own 59.54% of the company’s stock.

Hennessy Capital Investment Corp. VI Stock Performance

NASDAQ HCVI remained flat at $10.52 on Friday. The company’s stock had a trading volume of 4 shares, compared to its average volume of 21,513. The stock’s 50 day moving average price is $10.61 and its two-hundred day moving average price is $10.59. Hennessy Capital Investment Corp. VI has a 52-week low of $10.30 and a 52-week high of $13.43.

Hennessy Capital Investment Corp. VI Company Profile

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.