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

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) was the target 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. Based on an average daily volume of 23,200 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Hennessy Capital Investment Corp. VI Stock Up 0.1 %

Shares of NASDAQ HCVI opened at $10.69 on Thursday. Hennessy Capital Investment Corp. VI has a twelve month low of $10.30 and a twelve month high of $11.47. The business has a fifty day simple moving average of $10.62 and a two-hundred day simple moving average of $10.54.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Verition Fund Management LLC increased its holdings in shares of Hennessy Capital Investment Corp. VI by 200.0% in the 4th quarter. Verition Fund Management LLC now owns 620,749 shares of the company’s stock valued at $6,474,000 after acquiring an additional 413,849 shares during the period. Flow State Investments L.P. acquired a new stake in Hennessy Capital Investment Corp. VI during the 4th quarter worth about $3,136,000. Shaolin Capital Management LLC acquired a new stake in Hennessy Capital Investment Corp. VI during the 1st quarter worth about $2,953,000. Walleye Trading LLC acquired a new stake in Hennessy Capital Investment Corp. VI during the 1st quarter worth about $1,877,000. Finally, Spartan Fund Management Inc. lifted its position in Hennessy Capital Investment Corp. VI by 274.9% during the 2nd quarter. Spartan Fund Management Inc. now owns 126,405 shares of the company’s stock worth $1,334,000 after acquiring an additional 92,686 shares during the period. 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.