Periscope Capital Inc. Has $1.04 Million Stake in Hennessy Capital Investment Corp. VI (NASDAQ:HCVI)

Periscope Capital Inc. reduced its stake in Hennessy Capital Investment Corp. VI (NASDAQ:HCVI) by 50.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 98,600 shares of the company’s stock after selling 101,400 shares during the quarter. Periscope Capital Inc. owned approximately 0.67% of Hennessy Capital Investment Corp. VI worth $1,044,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. bought a new position in shares of Hennessy Capital Investment Corp. VI in the third quarter valued at approximately $6,085,000. Quarry LP acquired a new position in Hennessy Capital Investment Corp. VI in the 3rd quarter valued at $1,738,000. Finally, Flow Traders U.S. LLC grew its stake 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 last quarter. 59.54% of the stock is currently owned by institutional investors and hedge funds.

Hennessy Capital Investment Corp. VI Price Performance

Hennessy Capital Investment Corp. VI stock opened at $10.79 on Monday. Hennessy Capital Investment Corp. VI has a fifty-two week low of $10.34 and a fifty-two week high of $13.43. The firm has a fifty day moving average price of $10.72 and a two-hundred day moving average price of $10.64. The firm has a market cap of $157.90 million, a price-to-earnings ratio of -10.08 and a beta of 0.07.

Hennessy Capital Investment Corp. VI 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.