According to Cubist Systematic Strategies LLC’s latest Form 13F filing with the SEC, during the third quarter, the company increased its holding of Hennessy Capital Investment Corp. VI (NASDAQ: HCVI) in its portfolio by 40.3%. Institutional investors now own a total of 88,170 shares of the company they own after purchasing an additional 25,318 shares in the previous period. Cubist Systematic Strategies LLC owned approximately 0.21% of Hennessy Capital Investment Corp. VI as of the most recent quarter, giving the company a market value of $855,000.
HCVI opened at $10.10 on Friday. The moving average was $10.00 over the last 50 days, but has decreased to $9.85 over the last 200 days. The price of Hennessy Capital Investment Corporation VI hit a low of $9.60 over the last 52 weeks and a high of $10.57 over the same period.
A recent transaction adjusted the percentage of the company’s shares held by hedge funds and other institutional investors. These investors include pension funds, endowments, and foundations. Aristoia Capital LLC acquired a new stake in Hennessy Capital Investment Corp. VI by purchasing her 21,133,000 shares in the second quarter. During the third quarter of this fiscal year, Exos TFP Holdings LLC made a new investment in his Hennessy Capital Investment Corp. VI at her $1,012,000. In the third quarter, Virtu Financial LLC launched a new position by investing her $190,000 in the purchase of shares in Hennessy Capital Investment Corp. VI. During the third quarter, Robinson Capital Management LLC made new investments in Hennessy Capital Investment Corp. VI totaling $110,000. decided to invest. Last but not least, CSS LLC IL increased his stake in Hennessy Capital Investment Corp. VI by a staggering 90.6% in the second quarter. In the most recent fiscal quarter, CSS LLC IL purchased an additional 157,429 shares of the company’s stock for a total of 331,096 shares of the company’s stock. One share of the company’s stock is currently worth $3,182,000. Institutional investors and hedge funds own 67.20% of the company’s shares.
Hennessy Capital Investment Corp. VI is classified as a relatively minor company as it is not involved in various commercial activities. The principal purpose of the company is to participate in any comparable business combination with one or more additional businesses. This could be a merger, capital exchange, asset acquisition, stock purchase, or other comparable business combination. While searching for companies to acquire, it will primarily focus on the industrial technology industry as potential acquisition targets.