Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) Short Interest Down 48.1% in June

Hennessy Capital Acquisition Corp. IV (NASDAQ:HCACU) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 236 shares, a drop of 48.1% from the May 31st total of 455 shares. Based on an average daily trading volume, of 1,542 shares, the short-interest ratio is presently 0.2 days.

Hennessy Capital Acquisition Corp. IV Price Performance

Hennessy Capital Acquisition Corp. IV stock opened at $10.29 on Tuesday. Hennessy Capital Acquisition Corp. IV has a 1 year low of $10.00 and a 1 year high of $11.90. The firm has a 50-day moving average of $10.33 and a two-hundred day moving average of $10.23.

Institutional Trading of Hennessy Capital Acquisition Corp. IV

A number of large investors have recently modified their holdings of the company. TrueMark Investments LLC purchased a new position in Hennessy Capital Acquisition Corp. IV during the 4th quarter worth $143,000. Gritstone Asset Management LLC bought a new position in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth $250,000. Virtu Financial LLC bought a new position in shares of Hennessy Capital Acquisition Corp. IV during the 4th quarter worth $303,000. Mint Tower Capital Management B.V. purchased a new position in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at $501,000. Finally, Quarry LP purchased a new position in shares of Hennessy Capital Acquisition Corp. IV during the fourth quarter valued at $501,000.

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.