Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 4,752 shares, a growth of 15,229.0% from the August 31st total of 31 shares. Based on an average daily trading volume, of 3,427 shares, the days-to-cover ratio is presently 1.4 days.
Hennessy Capital Investment Corp. VII Stock Performance
Shares of Hennessy Capital Investment Corp. VII stock opened at $5.94 on Friday. Hennessy Capital Investment Corp. VII has a fifty-two week low of $3.79 and a fifty-two week high of $16.41. The company’s 50 day moving average price is $10.83 and its two-hundred day moving average price is $10.76.
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.
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