Spartan Fund Management Inc. Acquires 25,000 Shares of Hennessy Capital Investment Corp. VI (NASDAQ:HCVI)

Spartan Fund Management Inc. increased its holdings in shares of Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) by 19.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 151,405 shares of the company’s stock after acquiring an additional 25,000 shares during the period. Hennessy Capital Investment Corp. VI accounts for about 5.3% of Spartan Fund Management Inc.’s holdings, making the stock its 3rd biggest holding. Spartan Fund Management Inc.’s holdings in Hennessy Capital Investment Corp. VI were worth $1,744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. K2 Principal Fund L.P. purchased a new stake in shares of Hennessy Capital Investment Corp. VI in the first quarter valued at approximately $135,000. Tidal Investments LLC acquired a new position in Hennessy Capital Investment Corp. VI in the first quarter valued at about $208,000. Robinson Capital Management LLC boosted its stake in Hennessy Capital Investment Corp. VI by 72.1% during the first quarter. Robinson Capital Management LLC now owns 47,747 shares of the company’s stock worth $501,000 after buying an additional 20,000 shares during the period. Mizuho Securities USA LLC acquired a new position in shares of Hennessy Capital Investment Corp. VI in the 1st quarter worth approximately $815,000. Finally, Walleye Trading LLC acquired a new stake in Hennessy Capital Investment Corp. VI in the 1st quarter valued at approximately $1,877,000. Hedge funds and other institutional investors own 59.54% of the company’s stock.

Hennessy Capital Investment Corp. VI Stock Performance

Shares of HCVI remained flat at $10.57 during mid-day trading on Tuesday. 3 shares of the stock traded hands, compared to its average volume of 55,002. The company has a fifty day moving average of $10.65 and a 200-day moving average of $10.58. Hennessy Capital Investment Corp. VI has a 1-year low of $10.30 and a 1-year high of $13.43.

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.