Spitfire Capital buys $15.4 Million stake in Hennessy Capital Acquisition Corp (BLBD)

Hennessy Capital Acquisition Corp (BLBD) : Spitfire Capital scooped up 46,000 additional shares in Hennessy Capital Acquisition Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 1,520,301 shares of Hennessy Capital Acquisition Corp which is valued at $15.4 Million.Hennessy Capital Acquisition Corp makes up approximately 7.19% of Spitfire Capital’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in BLBD in the latest quarter, The investment management firm added 2,780 additional shares and now holds a total of 16,793 shares of Hennessy Capital Acquisition Corp which is valued at $169,945. Spark Investment Management added BLBD to its portfolio by purchasing 10,500 company shares during the most recent quarter which is valued at $106,260. Hennessy Capital Acquisition Corp makes up approx 0.01% of Spark Investment Management’s portfolio.Covey Capital Advisors boosted its stake in BLBD in the latest quarter, The investment management firm added 8,875 additional shares and now holds a total of 35,347 shares of Hennessy Capital Acquisition Corp which is valued at $357,712. Hennessy Capital Acquisition Corp makes up approx 0.19% of Covey Capital Advisors’s portfolio. Oxford Asset Management added BLBD to its portfolio by purchasing 22,434 company shares during the most recent quarter which is valued at $227,032. Hennessy Capital Acquisition Corp makes up approx 0.01% of Oxford Asset Management’s portfolio.

Hennessy Capital Acquisition Corp opened for trading at $10.25 and hit $10.76 on the upside on Wednesday, eventually ending the session at $10.74, with a gain of 5.60% or 0.57 points. The heightened volatility saw the trading volume jump to 73,934 shares. Company has a market cap of $225 M.

Many Wall Street Analysts have commented on Hennessy Capital Acquisition Corp. Hennessy Capital Acquisition Corp was Initiated by Craig Hallum to “Buy” on Mar 7, 2016.

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