Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) Short Interest Up 89.3% in July

Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 53 shares, a growth of 89.3% from the June 30th total of 28 shares. Based on an average daily volume of 22 shares, the short-interest ratio is currently 2.4 days.

Hennessy Capital Investment Corp. VII Price Performance

HVIIU opened at $10.70 on Thursday. The company’s 50 day simple moving average is $10.80 and its 200-day simple moving average is $10.69. Hennessy Capital Investment Corp. VII has a one year low of $10.40 and a one year high of $14.00.

Hennessy Capital Investment Corp. VII Company Profile

Hennessy Capital Investment Corp. VII is a special purpose acquisition company formed to identify and complete a business combination with a target company. Organized as a Cayman Islands exempted company, it raises capital through an initial public offering to pursue mergers, stock purchases, asset acquisitions and similar transactions.

Sponsored by Hennessy Capital Partners, an affiliate investment firm with expertise in building growth businesses, the SPAC focuses on sectors such as technology, consumer goods, financial services and business services.