Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Short Interest Down 64.5% in September

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI - Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 2,700 shares, a decrease of 64.5% from the September 15th total of 7,600 shares. Based on an average trading volume of 63,600 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.1% of the company's stock are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Spartan Fund Management Inc. increased its holdings in shares of Hennessy Capital Investment Corp. VI by 274.9% during 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. Shaolin Capital Management LLC bought a new position in shares of Hennessy Capital Investment Corp. VI in the first quarter valued at approximately $2,953,000. Walleye Trading LLC bought a new stake in Hennessy Capital Investment Corp. VI during the first quarter worth approximately $1,877,000. Tidal Investments LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the first quarter worth approximately $208,000. Finally, K2 Principal Fund L.P. bought a new position in Hennessy Capital Investment Corp. VI during the 1st quarter valued at $135,000. 59.54% of the stock is currently owned by institutional investors.

Hennessy Capital Investment Corp. VI Price Performance

HCVI stock traded up $0.01 during midday trading on Friday, hitting $10.52. 1,781 shares of the company's stock were exchanged, compared to its average volume of 55,393. Hennessy Capital Investment Corp. VI has a 12-month low of $10.30 and a 12-month high of $13.43. The firm has a 50 day moving average price of $10.66 and a 200-day moving average price of $10.58.

Hennessy Capital Investment Corp. VI Company Profile

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.