Hennessy Capital Investment Corp. V (NASDAQ:HCIC) Short Interest Up 23.3% in March

Hennessy Capital Investment Corp. V (NASDAQ:HCICGet Rating) was the recipient of a large increase in short interest in March. As of March 31st, there was short interest totalling 25,900 shares, an increase of 23.3% from the March 15th total of 21,000 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 71,900 shares, the days-to-cover ratio is presently 0.4 days.

A number of large investors have recently made changes to their positions in the stock. Fort Baker Capital Management LP raised its position in shares of Hennessy Capital Investment Corp. V by 127.4% in the 4th quarter. Fort Baker Capital Management LP now owns 2,807,521 shares of the company’s stock worth $27,344,000 after acquiring an additional 1,572,797 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. boosted its stake in shares of Hennessy Capital Investment Corp. V by 229.6% in the 3rd quarter. Dymon Asia Capital Singapore PTE. LTD. now owns 2,360,873 shares of the company’s stock worth $23,302,000 after buying an additional 1,644,566 shares during the last quarter. Millennium Management LLC raised its holdings in shares of Hennessy Capital Investment Corp. V by 42.9% in the 3rd quarter. Millennium Management LLC now owns 2,118,705 shares of the company’s stock worth $20,912,000 after purchasing an additional 635,733 shares during the period. Weiss Asset Management LP raised its holdings in shares of Hennessy Capital Investment Corp. V by 9.3% in the 3rd quarter. Weiss Asset Management LP now owns 1,237,847 shares of the company’s stock worth $12,218,000 after purchasing an additional 105,337 shares during the period. Finally, Marshall Wace LLP raised its holdings in Hennessy Capital Investment Corp. V by 403.4% during the 4th quarter. Marshall Wace LLP now owns 1,023,084 shares of the company’s stock valued at $9,964,000 after acquiring an additional 819,858 shares during the period. 76.30% of the stock is owned by institutional investors and hedge funds.

Shares of HCIC stock remained flat at $$9.82 during trading hours on Tuesday. The company’s stock had a trading volume of 507,812 shares, compared to its average volume of 74,432. Hennessy Capital Investment Corp. V has a 52-week low of $9.68 and a 52-week high of $10.44. The company’s fifty day moving average is $9.79 and its 200 day moving average is $9.82.

About Hennessy Capital Investment Corp. V (Get Rating)

Hennessy Capital Investment Corp. V is a blank check company. It intends to engage in the industrial technology and infrastructure sectors. The company was formerly known as Hennessy Capital Acquisition Corp. V and changed its name to Hennessy Capital Investment Corp. V in November 2020. Hennessy Capital Investment Corp.

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