Gores Holdings VII, Inc. (NASDAQ:GSEV) Sees Large Increase in Short Interest

Gores Holdings VII, Inc. (NASDAQ:GSEVGet Rating) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 19,500 shares, an increase of 375.6% from the March 15th total of 4,100 shares. Based on an average trading volume of 215,900 shares, the short-interest ratio is currently 0.1 days.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Penserra Capital Management LLC raised its holdings in Gores Holdings VII by 31.9% in the fourth quarter. Penserra Capital Management LLC now owns 11,963 shares of the company’s stock valued at $116,000 after buying an additional 2,890 shares during the period. Exos Asset Management LLC raised its stake in Gores Holdings VII by 5.5% during the fourth quarter. Exos Asset Management LLC now owns 62,884 shares of the company’s stock valued at $615,000 after buying an additional 3,300 shares in the last quarter. Bluefin Capital Management LLC lifted its holdings in Gores Holdings VII by 5.4% in the fourth quarter. Bluefin Capital Management LLC now owns 73,716 shares of the company’s stock worth $721,000 after acquiring an additional 3,747 shares during the last quarter. Rockefeller Capital Management L.P. bought a new position in shares of Gores Holdings VII during the third quarter worth about $49,000. Finally, Nwam LLC bought a new stake in shares of Gores Holdings VII during the third quarter valued at approximately $99,000. 61.49% of the stock is owned by institutional investors.

Shares of NASDAQ GSEV opened at $9.80 on Wednesday. The company’s 50-day moving average price is $9.77 and its 200 day moving average price is $9.80. Gores Holdings VII has a 52 week low of $9.71 and a 52 week high of $10.13.

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