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

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decline of 20.0% from the November 30th total of 500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 46,300 shares, the short-interest ratio is presently 0.0 days.

Hennessy Capital Investment Corp. VI Stock Performance

Shares of HCVI remained flat at $10.59 during mid-day trading on Tuesday. 94 shares of the stock traded hands, compared to its average volume of 50,382. The firm has a market capitalization of $155.05 million, a PE ratio of -9.90 and a beta of 0.07. The firm’s fifty day simple moving average is $10.55 and its two-hundred day simple moving average is $10.60. Hennessy Capital Investment Corp. VI has a 52 week low of $10.30 and a 52 week high of $13.43.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VI

A number of large investors have recently bought and sold shares of HCVI. Polar Asset Management Partners Inc. bought a new stake in Hennessy Capital Investment Corp. VI during the third quarter worth approximately $6,085,000. Spartan Fund Management Inc. raised its position in shares of 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 valued at $1,334,000 after purchasing an additional 92,686 shares during the period. Quarry LP acquired a new stake in shares of Hennessy Capital Investment Corp. VI in the third quarter worth $1,738,000. Finally, Flow Traders U.S. LLC boosted its holdings in shares of Hennessy Capital Investment Corp. VI by 10.3% during the 3rd quarter. Flow Traders U.S. LLC now owns 22,441 shares of the company’s stock worth $260,000 after buying an additional 2,093 shares during the period. 59.54% of the stock is currently owned by institutional investors.

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.