Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 28 shares, an increase of ? from the May 31st total of 0 shares. Based on an average trading volume of 135 shares, the days-to-cover ratio is currently 0.2 days.
Hennessy Capital Investment Corp. VII Stock Performance
Shares of NASDAQ:HVIIU traded up $0.08 during trading on Thursday, hitting $10.85. Hennessy Capital Investment Corp. VII has a twelve month low of $10.40 and a twelve month high of $14.00. The company’s 50 day simple moving average is $10.78 and its 200-day simple moving average is $10.66.
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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