Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Short Interest Update

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,700 shares, a drop of 57.5% from the May 31st total of 4,000 shares. Based on an average daily trading volume, of 11,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HCVI. Radcliffe Capital Management L.P. lifted its holdings in shares of Hennessy Capital Investment Corp. VI by 103.0% during the third quarter. Radcliffe Capital Management L.P. now owns 256,756 shares of the company’s stock worth $2,652,000 after purchasing an additional 130,260 shares during the period. Verition Fund Management LLC lifted its stake in shares of Hennessy Capital Investment Corp. VI by 200.0% in the 4th quarter. Verition Fund Management LLC now owns 620,749 shares of the company’s stock worth $6,474,000 after acquiring an additional 413,849 shares during the period. Flow State Investments L.P. purchased a new stake in shares of Hennessy Capital Investment Corp. VI in the fourth quarter valued at about $3,136,000. Westchester Capital Management LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI during the fourth quarter worth about $21,143,000. Finally, Tuttle Capital Management LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI during the first quarter worth about $313,000. 59.54% of the stock is currently owned by institutional investors and hedge funds.

Hennessy Capital Investment Corp. VI Price Performance

HCVI stock remained flat at $10.55 on Friday. 41 shares of the company traded hands, compared to its average volume of 18,057. The firm’s 50-day simple moving average is $10.53 and its 200 day simple moving average is $10.46. Hennessy Capital Investment Corp. VI has a 1 year low of $10.25 and a 1 year high of $11.47.

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.