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

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a decline of 20.0% from the November 30th total of 500 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 46,300 shares, the short-interest ratio is presently 0.0 days.

Hennessy Capital Investment Corp. VI Trading Up 0.1 %

NASDAQ:HCVI opened at $10.59 on Friday. The stock has a 50 day moving average of $10.55 and a two-hundred day moving average of $10.60. Hennessy Capital Investment Corp. VI has a 12 month low of $10.30 and a 12 month high of $13.43. The firm has a market cap of $155.05 million, a P/E ratio of -9.90 and a beta of 0.07.

Institutional Trading of Hennessy Capital Investment Corp. VI

Large investors have recently made changes to their positions in the company. Polar Asset Management Partners Inc. acquired a new stake in Hennessy Capital Investment Corp. VI in the 3rd quarter valued at about $6,085,000. Quarry LP acquired a new stake in shares of Hennessy Capital Investment Corp. VI in the third quarter valued at approximately $1,738,000. Spartan Fund Management Inc. lifted its position in Hennessy Capital Investment Corp. VI by 274.9% during the second quarter. Spartan Fund Management Inc. now owns 126,405 shares of the company’s stock worth $1,334,000 after buying an additional 92,686 shares in the last quarter. Finally, Flow Traders U.S. LLC boosted its stake in Hennessy Capital Investment Corp. VI by 10.3% during the third quarter. Flow Traders U.S. LLC now owns 22,441 shares of the company’s stock worth $260,000 after buying an additional 2,093 shares during the last quarter. 59.54% of the stock is currently owned by hedge funds and other institutional investors.

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.