Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Sees Significant Increase in Short Interest

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) was the recipient of a large increase in short interest in the month of 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 company’s shares are sold short. Based on an average daily trading volume, of 62,700 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Hennessy Capital Investment Corp. VI

A number of large investors have recently made changes to their positions in HCVI. Shaolin Capital Management LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI in the 1st quarter valued at about $2,953,000. Walleye Trading LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI in the 1st quarter valued at about $1,877,000. Spartan Fund Management Inc. increased its holdings in shares of Hennessy Capital Investment Corp. VI by 274.9% in the 2nd quarter. Spartan Fund Management Inc. now owns 126,405 shares of the company’s stock valued at $1,334,000 after purchasing an additional 92,686 shares during the period. Mizuho Securities USA LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI in the 1st quarter valued at about $815,000. Finally, Tidal Investments LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI in the 1st quarter valued at about $208,000. Institutional investors and hedge funds own 59.54% of the company’s stock.

Hennessy Capital Investment Corp. VI Stock Performance

NASDAQ HCVI opened at $10.52 on Friday. 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 1 year low of $10.30 and a 1 year 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.