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

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

Hennessy Capital Investment Corp. VI Stock Performance

Shares of NASDAQ:HCVI remained flat at $10.52 on Wednesday. The stock had a trading volume of 3 shares, compared to its average volume of 21,513. Hennessy Capital Investment Corp. VI has a twelve month low of $10.30 and a twelve month high of $13.43. The business has a 50-day moving average of $10.62 and a 200 day moving average of $10.59.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VI

Institutional investors have recently added to or reduced their stakes in the stock. Spartan Fund Management Inc. raised its holdings in Hennessy Capital Investment Corp. VI by 274.9% in the second quarter. Spartan Fund Management Inc. now owns 126,405 shares of the company’s stock worth $1,334,000 after purchasing an additional 92,686 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Hennessy Capital Investment Corp. VI during the 1st quarter worth approximately $208,000. Walleye Trading LLC purchased a new stake in Hennessy Capital Investment Corp. VI during the first quarter valued at approximately $1,877,000. Shaolin Capital Management LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the first quarter valued at approximately $2,953,000. Finally, K2 Principal Fund L.P. acquired a new stake in Hennessy Capital Investment Corp. VI in the first quarter valued at approximately $135,000. Institutional investors own 59.54% of the company’s stock.

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.