The short stake in Hennessy Capital Investment Corp. VI (NASDAQ:HCVIU) down 26.0%


Hennessy Capital Investment Corp. VI (NASDAQ: HCVIUGet a rating) benefited from a significant drop in short-term interest rates in May. As of May 15, there was short interest totaling 9,700 shares, down 26.0% from the April 30 total of 13,100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,900 shares, the short interest rate is currently 5.1 days.

Several hedge funds have recently changed their holdings of HCVIU. Condor Capital Management increased its stake in Hennessy Capital Investment Corp. VI of 310.6% during the fourth quarter. Condor Capital Management now owns 9,854 shares of the company worth $98,000 after purchasing an additional 7,454 shares in the last quarter. Wealthspring Capital LLC has increased its holdings in Hennessy Capital Investment Corp. VI of 7.4% during the fourth quarter. Wealthspring Capital LLC now owns 111,728 shares of the company worth $1,109,000 after purchasing an additional 7,725 shares in the last quarter. Ancora Advisors LLC acquired a new position in Hennessy Capital Investment Corp. VI during the third quarter worth $99,000. Sage Mountain Advisors LLC has increased its holdings in Hennessy Capital Investment Corp. VI of 15.1% during the fourth quarter. Sage Mountain Advisors LLC now owns 80,084 shares of the company worth $794,000 after purchasing an additional 10,484 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC acquired a new position in Hennessy Capital Investment Corp. VI during the third quarter with a value of $249,000.

Shares of Stock HCVIU traded at $9.73 during Monday trading hours, reaching $9.73. 100 shares of the company were traded, against an average volume of 13,604. The company has a 50-day moving average of $9.87 and a two-hundred-day moving average of $9.92. Hennessy Capital Investment Corp. VI has a 52-week low of $9.70 and a 52-week high of $10.78.

Company Profile Hennessy Capital Investment Corp. VII (Get a rating)

Hennessy Capital Investment Corp. VI has no significant activities. The Company is focused on completing a merger, capital exchange, asset acquisition, stock purchase, reorganization or similar business combination with a or more companies. It intends to focus its search for a target company in the industrial technology sector.

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