322,900 Shares in Hennessy Capital Acquisition Corp. IV $HCACU Bought by Periscope Capital Inc.

Periscope Capital Inc. purchased a new position in shares of Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 322,900 shares of the company’s stock, valued at approximately $3,235,000.

Several other institutional investors have also bought and sold shares of HCACU. TrueMark Investments LLC bought a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $143,000. Gritstone Asset Management LLC bought a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $250,000. Wolverine Asset Management LLC bought a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $1,002,000. MMCAP International Inc. SPC bought a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $1,754,000. Finally, Wealthspring Capital LLC bought a new stake in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $2,505,000.

Hennessy Capital Acquisition Corp. IV Stock Performance

Shares of Hennessy Capital Acquisition Corp. IV stock opened at $10.32 on Friday. The stock has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $11.14. Hennessy Capital Acquisition Corp. IV has a 12-month low of $10.00 and a 12-month high of $11.19.

Hennessy Capital Acquisition Corp. IV Profile

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.