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

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

Hedge Funds Weigh In On Hennessy Capital Investment Corp. VI

Several institutional investors have recently made changes to their positions in HCVI. Shaolin Capital Management LLC bought a new position in shares of Hennessy Capital Investment Corp. VI during the first quarter valued at approximately $2,953,000. Walleye Trading LLC bought a new position in Hennessy Capital Investment Corp. VI in the 1st quarter worth approximately $1,877,000. Spartan Fund Management Inc. grew its holdings in 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 worth $1,334,000 after buying an additional 92,686 shares in the last quarter. Mizuho Securities USA LLC bought a new position in Hennessy Capital Investment Corp. VI in the 1st quarter worth approximately $815,000. Finally, Tidal Investments LLC bought a new position in Hennessy Capital Investment Corp. VI in the 1st quarter worth approximately $208,000. 59.54% of the stock is owned by institutional investors.

Hennessy Capital Investment Corp. VI Stock Performance

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

About Hennessy Capital Investment Corp. VI

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.