Hennessy Capital Investment Corp. VII (NASDAQ:HVII) Short Interest Update

Hennessy Capital Investment Corp. VII (NASDAQ:HVII) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 585 shares, a decrease of 51.0% from the July 15th total of 1,193 shares. Based on an average daily volume of 20,877 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Hennessy Capital Investment Corp. VII

Several large investors have recently made changes to their positions in HVII. Lineage Point Capital LP acquired a new stake in shares of Hennessy Capital Investment Corp. VII during the 4th quarter worth about $104,000. Barclays PLC bought a new position in Hennessy Capital Investment Corp. VII during the 4th quarter valued at about $104,000. Virtu Financial LLC acquired a new position in Hennessy Capital Investment Corp. VII in the fourth quarter valued at about $322,000. Cannon Global Investment Management LLC grew its stake in Hennessy Capital Investment Corp. VII by 14.2% during the first quarter. Cannon Global Investment Management LLC now owns 58,000 shares of the company’s stock worth $600,000 after buying an additional 7,200 shares during the last quarter. Finally, Cantor Fitzgerald L. P. bought a new stake in Hennessy Capital Investment Corp. VII during the fourth quarter worth about $927,000.

Hennessy Capital Investment Corp. VII Trading Down 0.1%

Shares of HVII traded down $0.01 during mid-day trading on Monday, reaching $10.51. The company had a trading volume of 342,245 shares, compared to its average volume of 62,493. Hennessy Capital Investment Corp. VII has a twelve month low of $10.13 and a twelve month high of $10.99. The stock’s 50-day moving average price is $10.47.

Hennessy Capital Investment Corp. VII (NASDAQ:HVII) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.04 EPS for the quarter.

Wall Street Analyst Weigh In

HVII has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Hennessy Capital Investment Corp. VII in a research note on Tuesday, June 9th. Benchmark began coverage on shares of Hennessy Capital Investment Corp. VII in a report on Wednesday, April 29th. They set a “buy” rating for the company. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Hennessy Capital Investment Corp. VII

Hennessy Capital Investment Corp. VII (NASDAQ: HVII) is a special purpose acquisition company (SPAC), commonly known as a blank-check company, formed to raise capital in a public offering for the purpose of identifying, negotiating and completing one or more business combinations. As a SPAC, its principal business activity is to locate and transact with a private operating company and provide that company with a path to become publicly traded through a de-SPAC merger or similar transaction.

The company’s operating activities center on sourcing potential acquisition targets, conducting due diligence, structuring and negotiating merger agreements, and arranging the financing needed to close transactions.