Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU – Get Free Report) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 455 shares, a decline of 60.4% from the May 14th total of 1,150 shares. Based on an average daily volume of 2,613 shares, the short-interest ratio is presently 0.2 days.
Hennessy Capital Acquisition Corp. IV Price Performance
HCACU stock traded up $0.16 during trading on Friday, reaching $10.50. 160 shares of the stock were exchanged, compared to its average volume of 37,105. The business has a 50 day moving average price of $10.32 and a 200-day moving average price of $10.20. Hennessy Capital Acquisition Corp. IV has a 1 year low of $10.00 and a 1 year high of $11.90.
Institutional Investors Weigh In On Hennessy Capital Acquisition Corp. IV
A number of institutional investors have recently made changes to their positions in HCACU. TrueMark Investments LLC acquired a new stake in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at about $143,000. Gritstone Asset Management LLC acquired a new position in shares of Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at approximately $250,000. Wolverine Asset Management LLC acquired a new position in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth approximately $1,002,000. Wealthspring Capital LLC acquired a new position in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth approximately $2,505,000. Finally, MMCAP International Inc. SPC acquired a new position in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth approximately $1,754,000.
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.
Read More
- Five stocks we like better than Hennessy Capital Acquisition Corp. IV
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for Hennessy Capital Acquisition Corp. IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hennessy Capital Acquisition Corp. IV and related companies with MarketBeat.com's FREE daily email newsletter.
