Hennessy Capital Investment Corp. VII (NASDAQ:HVIIU – Get Free Report) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 28 shares, a decline of 47.2% from the July 15th total of 53 shares. Based on an average daily trading volume, of 7 shares, the short-interest ratio is currently 4.0 days.
Hennessy Capital Investment Corp. VII Stock Performance
Shares of HVIIU remained flat at $10.78 during trading hours on Friday. Hennessy Capital Investment Corp. VII has a fifty-two week low of $10.40 and a fifty-two week high of $14.00. The business’s 50 day moving average is $10.80 and its 200-day moving average is $10.70.
About Hennessy Capital Investment Corp. VII
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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