Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) Short Interest Down 50.2% in July

Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 107 shares, a drop of 50.2% from the July 15th total of 215 shares. Based on an average trading volume of 3,287 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Hennessy Capital Acquisition Corp. IV

Several institutional investors have recently added to or reduced their stakes in the business. Virtu Financial LLC purchased a new stake in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth approximately $303,000. Mint Tower Capital Management B.V. acquired a new stake in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth $501,000. Quarry LP acquired a new stake in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth $501,000. Sandia Investment Management LP purchased a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at $501,000. Finally, Wolverine Asset Management LLC acquired a new position in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at $1,002,000.

Hennessy Capital Acquisition Corp. IV Price Performance

Shares of Hennessy Capital Acquisition Corp. IV stock remained flat at $10.30 during trading on Tuesday. The firm has a 50-day moving average price of $10.32 and a 200-day moving average price of $10.30. Hennessy Capital Acquisition Corp. IV has a 1-year low of $10.00 and a 1-year high of $11.90.

Hennessy Capital Acquisition Corp. IV Company Profile

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.