Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) Short Interest Down 50.2% in July

Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 107 shares, a decrease of 50.2% from the July 15th total of 215 shares. Based on an average daily trading volume, of 3,287 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Hennessy Capital Acquisition Corp. IV

Several institutional investors and hedge funds have recently made changes to their positions in the company. MMCAP International Inc. SPC bought a new position in Hennessy Capital Acquisition Corp. IV during the fourth quarter worth $1,754,000. Context Capital Management LLC bought a new position in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter worth about $6,513,000. Wealthspring Capital LLC acquired a new position in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at about $2,505,000. Lineage Point Capital LP bought a new stake in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter valued at about $4,008,000. Finally, OMERS ADMINISTRATION Corp raised its stake in Hennessy Capital Acquisition Corp. IV by 49.6% during the first quarter. OMERS ADMINISTRATION Corp now owns 359,984 shares of the company’s stock worth $3,690,000 after acquiring an additional 119,387 shares during the period.

Hennessy Capital Acquisition Corp. IV Stock Performance

NASDAQ:HCACU remained flat at $10.30 during trading hours on Friday. The company has a fifty day moving average of $10.32 and a 200-day moving average of $10.29. Hennessy Capital Acquisition Corp. IV has a 12 month low of $10.00 and a 12 month high of $11.90.

About Hennessy Capital Acquisition Corp. IV

Hennessy Capital Acquisition Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was founded in 2018 and is based in Wilson, Wyoming.