share_log

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

Financial News Live ·  Mar 28, 2023 20:42

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI – Get Rating) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 3,900 shares, a decline of 79.4% from the February 28th total of 18,900 shares. Based on an average daily trading volume, of 70,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Hennessy Capital Investment Corp. VI Price Performance

HCVI stock remained flat at $10.10 during trading on Tuesday. The company had a trading volume of 3,763 shares, compared to its average volume of 81,856. The firm's fifty day moving average is $10.04 and its two-hundred day moving average is $9.89. Hennessy Capital Investment Corp. VI has a twelve month low of $9.60 and a twelve month high of $10.57.

Get Hennessy Capital Investment Corp. VI alerts:

Institutional Trading of Hennessy Capital Investment Corp. VI

Institutional investors have recently bought and sold shares of the stock. Aristeia Capital LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the 2nd quarter valued at $21,132,000. Exos TFP Holdings LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the 3rd quarter valued at $1,012,000. Cantor Fitzgerald L. P. boosted its stake in Hennessy Capital Investment Corp. VI by 78.5% in the 3rd quarter. Cantor Fitzgerald L. P. now owns 1,811,649 shares of the company's stock valued at $17,573,000 after buying an additional 796,649 shares in the last quarter. Schechter Investment Advisors LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the 4th quarter valued at $4,791,000. Finally, Wealthspring Capital LLC bought a new position in Hennessy Capital Investment Corp. VI in the 4th quarter valued at $2,015,000. Institutional investors and hedge funds own 67.20% of the company's stock.

Hennessy Capital Investment Corp. VI Company Profile

(Get Rating)

Hennessy Capital Investment Corp. VI does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business in the industrial technology sector.

See Also

  • Get a free copy of the StockNews.com research report on Hennessy Capital Investment Corp. VI (HCVI)
  • After an Earnings Blowout, Is Ciena Stock a Buying Opportunity?
  • Meta Breaks Out Of A Base, Looks Like A Growth Stock Again
  • Here's Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
  • The Bottom Is In For McCormick & Company
  • Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story

Receive News & Ratings for Hennessy Capital Investment Corp. VI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hennessy Capital Investment Corp. VI and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment