Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU) Sees Large Growth in Short Interest

Hennessy Capital Investment Corp. VII (NASDAQ:HVIIUGet Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 28 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 135 shares, the short-interest ratio is currently 0.2 days.

Hennessy Capital Investment Corp. VII Stock Performance

Shares of Hennessy Capital Investment Corp. VII stock opened at $10.85 on Friday. Hennessy Capital Investment Corp. VII has a 12-month low of $10.40 and a 12-month high of $14.00. The firm’s 50 day simple moving average is $10.79 and its two-hundred day simple moving average is $10.66.

Hennessy Capital Investment Corp. VII Company Profile

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Hennessy Capital Investment Corp. VII is a special purpose acquisition company formed to identify and complete a business combination with a target company. Organized as a Cayman Islands exempted company, it raises capital through an initial public offering to pursue mergers, stock purchases, asset acquisitions and similar transactions.

Sponsored by Hennessy Capital Partners, an affiliate investment firm with expertise in building growth businesses, the SPAC focuses on sectors such as technology, consumer goods, financial services and business services.

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