Alberta Investment Management Corp reduced its stake in shares of Hennessy Capital Investment Corp. VI (NASDAQ:HCVI – Free Report) by 26.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 320,000 shares of the company’s stock after selling 112,487 shares during the quarter. Alberta Investment Management Corp’s holdings in Hennessy Capital Investment Corp. VI were worth $3,386,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Hennessy Capital Investment Corp. VI during the 3rd quarter worth approximately $1,738,000. Polar Asset Management Partners Inc. acquired a new position in Hennessy Capital Investment Corp. VI during the third quarter worth $6,085,000. Finally, Flow Traders U.S. LLC boosted its position in Hennessy Capital Investment Corp. VI by 10.3% during the third quarter. Flow Traders U.S. LLC now owns 22,441 shares of the company’s stock worth $260,000 after purchasing an additional 2,093 shares in the last quarter. 59.54% of the stock is owned by hedge funds and other institutional investors.
Hennessy Capital Investment Corp. VI Stock Performance
Hennessy Capital Investment Corp. VI stock opened at $10.74 on Friday. 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 market capitalization of $157.23 million, a price-to-earnings ratio of -10.04 and a beta of 0.07. The stock’s fifty day moving average is $10.67 and its two-hundred day moving average is $10.62.
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.
See Also
- Five stocks we like better than Hennessy Capital Investment Corp. VI
- What is a buyback in stocks? A comprehensive guide for investors
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- Golden Cross Stocks: Pattern, Examples and Charts
- Tesla: 2 Reasons to Buy, 1 Reason to Run
Want to see what other hedge funds are holding HCVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hennessy Capital Investment Corp. VI (NASDAQ:HCVI – Free Report).
Receive News & Ratings for Hennessy Capital Investment Corp. VI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hennessy Capital Investment Corp. VI and related companies with MarketBeat.com's FREE daily email newsletter.