Hennessy Capital Investment Corp. VIII (NASDAQ:HCIC – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 2,453 shares, an increase of 154.5% from the September 30th total of 964 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 23,637 shares, the days-to-cover ratio is currently 0.1 days.
Hennessy Capital Investment Corp. VIII Trading Up 0.1%
Shares of HCIC opened at $9.99 on Friday. The stock has a 50 day simple moving average of $10.00 and a 200 day simple moving average of $9.95. Hennessy Capital Investment Corp. VIII has a 52-week low of $9.79 and a 52-week high of $10.04.
Wall Street Analyst Weigh In
Separately, Weiss Ratings initiated coverage on shares of Hennessy Capital Investment Corp. VIII in a research report on Thursday, August 13th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Hennessy Capital Investment Corp. VIII presently has a consensus rating of “Sell”.
Check Out Our Latest Report on HCIC
Hedge Funds Weigh In On Hennessy Capital Investment Corp. VIII
A hedge fund recently bought a new position in Hennessy Capital Investment Corp. VIII stock. Readystate Asset Management LP acquired a new stake in Hennessy Capital Investment Corp. VIII (NASDAQ:HCIC – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 73,500 shares of the company’s stock, valued at approximately $745,000. Readystate Asset Management LP owned approximately 0.17% of Hennessy Capital Investment Corp. VIII at the end of the most recent reporting period. 74.67% of the stock is currently owned by institutional investors.
About Hennessy Capital Investment Corp. VIII
Hennessy Capital Investment Corp. VIII (NASDAQ: HCIC) is a special purpose acquisition company (SPAC). Rather than operating a conventional business, the company was established to raise capital through an initial public offering and pursue a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating companies.
As a blank-check company, Hennessy Capital Investment Corp. VIII does not offer branded products or services of its own.
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