Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 1,011 shares, a decrease of 49.3% from the April 15th total of 1,995 shares. Based on an average trading volume of 755 shares, the days-to-cover ratio is presently 1.3 days.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. TrueMark Investments LLC bought a new stake in Hennessy Capital Acquisition Corp. IV in the fourth quarter valued at about $143,000. Gritstone Asset Management LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at about $250,000. Virtu Financial LLC bought a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at about $303,000. Mint Tower Capital Management B.V. acquired a new stake in shares of Hennessy Capital Acquisition Corp. IV in the 4th quarter valued at approximately $501,000. Finally, Quarry LP bought a new position in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth approximately $501,000.
Hennessy Capital Acquisition Corp. IV Stock Performance
Shares of HCACU remained flat at $10.30 during trading hours on Friday. The firm has a 50-day simple moving average of $10.27 and a 200-day simple moving average of $12.09. Hennessy Capital Acquisition Corp. IV has a twelve month low of $10.00 and a twelve month high of $11.19.
Hennessy Capital Acquisition Corp. IV Company Profile
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.
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