Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Trading Down 0.1% – What’s Next?

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) shares dropped 0.1% during mid-day trading on Wednesday . The stock traded as low as $10.75 and last traded at $10.74. Approximately 403 shares traded hands during trading, a decline of 76% from the average daily volume of 1,707 shares. The stock had previously closed at $10.75.

Hennessy Capital Investment Corp. VI Trading Down 0.1 %

The company has a market capitalization of $157.23 million, a PE ratio of -10.04 and a beta of 0.07. The business has a fifty day moving average of $10.66 and a 200 day moving average of $10.62.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Flow Traders U.S. LLC boosted its position in Hennessy Capital Investment Corp. VI by 10.3% in the 3rd quarter. Flow Traders U.S. LLC now owns 22,441 shares of the company’s stock valued at $260,000 after buying an additional 2,093 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of Hennessy Capital Investment Corp. VI in the fourth quarter valued at $910,000. Berkley W R Corp purchased a new position in Hennessy Capital Investment Corp. VI in the fourth quarter valued at $1,076,000. Quarry LP acquired a new position in Hennessy Capital Investment Corp. VI during the 3rd quarter worth $1,738,000. Finally, Toronto Dominion Bank purchased a new stake in Hennessy Capital Investment Corp. VI during the 4th quarter worth about $2,516,000. Institutional investors and hedge funds own 59.54% of the company’s stock.

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.