Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) Shares Down 1.3% – Here’s What Happened

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI)’s share price dropped 1.3% on Tuesday . The company traded as low as $10.66 and last traded at $10.66. 525 shares traded hands during trading, a decline of 99% from the average daily volume of 38,545 shares. The stock had previously closed at $10.80.

Hennessy Capital Investment Corp. VI Stock Down 1.3 %

The stock has a market capitalization of $156.07 million, a P/E ratio of -9.96 and a beta of 0.06. The company has a fifty day moving average price of $10.80 and a 200-day moving average price of $10.66.

Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) last released its quarterly earnings data on Friday, March 28th. The company reported ($0.12) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VI

A number of hedge funds have recently bought and sold shares of HCVI. JPMorgan Chase & Co. bought a new stake in shares of Hennessy Capital Investment Corp. VI in the 4th quarter worth about $910,000. Berkley W R Corp purchased a new position in Hennessy Capital Investment Corp. VI in the fourth quarter worth about $1,076,000. Toronto Dominion Bank bought a new stake in Hennessy Capital Investment Corp. VI during the fourth quarter worth approximately $2,516,000. Finally, Mizuho Securities USA LLC purchased a new stake in Hennessy Capital Investment Corp. VI during the fourth quarter valued at approximately $3,102,000. Hedge funds and other institutional investors 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.