Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Rating) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 22,600 shares, a growth of 67.4% from the October 15th total of 13,500 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 179,200 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Investors Weigh In On Gores Holdings IX
Institutional investors have recently modified their holdings of the stock. Clear Street LLC bought a new position in shares of Gores Holdings IX in the second quarter valued at approximately $48,000. Highbridge Capital Management LLC acquired a new stake in Gores Holdings IX during the first quarter valued at approximately $94,000. Robinson Capital Management LLC acquired a new stake in Gores Holdings IX during the third quarter valued at approximately $116,000. Walleye Capital LLC acquired a new stake in Gores Holdings IX during the second quarter valued at approximately $135,000. Finally, Virtu Financial LLC acquired a new stake in Gores Holdings IX during the second quarter valued at approximately $199,000. Institutional investors and hedge funds own 68.56% of the company’s stock.
Gores Holdings IX Stock Performance
Shares of Gores Holdings IX stock opened at $9.75 on Monday. The firm’s 50-day simple moving average is $9.70 and its 200-day simple moving average is $9.68. Gores Holdings IX has a 1 year low of $9.60 and a 1 year high of $10.20.
About Gores Holdings IX
Gores Holdings IX, Inc focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado.
- Get a free copy of the StockNews.com research report on Gores Holdings IX (GHIX)
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