Short Interest in GoGreen Investments Co. (NYSE:GOGN) Declines By 73.6%

GoGreen Investments Co. (NYSE:GOGNGet Rating) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, a decline of 73.6% from the March 31st total of 5,300 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 60,300 shares, the short-interest ratio is presently 0.0 days.

Shares of GoGreen Investments stock traded down $0.01 on Thursday, reaching $10.02. 115 shares of the company were exchanged, compared to its average volume of 73,649. The business has a fifty day simple moving average of $9.99. GoGreen Investments has a fifty-two week low of $9.86 and a fifty-two week high of $10.61.

Several institutional investors have recently made changes to their positions in GOGN. Walleye Trading LLC purchased a new position in shares of GoGreen Investments during the fourth quarter valued at $178,000. Beryl Capital Management LLC purchased a new position in shares of GoGreen Investments during the fourth quarter valued at $4,519,000. Oaktree Capital Management LP purchased a new position in shares of GoGreen Investments during the fourth quarter valued at $2,973,000. Starboard Value LP purchased a new position in shares of GoGreen Investments during the fourth quarter valued at $5,437,000. Finally, HighTower Advisors LLC purchased a new position in shares of GoGreen Investments during the fourth quarter valued at $2,964,000. 23.40% of the stock is currently owned by institutional investors.

About GoGreen Investments (Get Rating)

GoGreen Investments Corporation does not have significant operations. It intends to effect a merger, share exchange, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Houston, Texas.

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