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Gores Holdings IX, Inc. (NASDAQ:GHIX) Short Interest Up 817.9% in January

Financial News Live ·  Feb 10, 2023 16:52

Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Rating) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 35,800 shares, an increase of 817.9% from the January 15th total of 3,900 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 79,000 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of Gores Holdings IX

Several large investors have recently added to or reduced their stakes in GHIX. Clear Street LLC acquired a new position in shares of Gores Holdings IX during the 2nd quarter valued at $48,000. Robinson Capital Management LLC bought a new stake in shares of Gores Holdings IX during the 3rd quarter worth $116,000. Exos Asset Management LLC boosted its stake in shares of Gores Holdings IX by 2.9% during the 2nd quarter. Exos Asset Management LLC now owns 173,023 shares of the company's stock worth $1,666,000 after acquiring an additional 4,845 shares in the last quarter. Sculptor Capital LP boosted its stake in shares of Gores Holdings IX by 100.0% during the 2nd quarter. Sculptor Capital LP now owns 200,003 shares of the company's stock worth $1,926,000 after acquiring an additional 99,993 shares in the last quarter. Finally, B. Riley Financial Inc. bought a new stake in shares of Gores Holdings IX during the 3rd quarter worth $670,000. 74.67% of the stock is currently owned by institutional investors and hedge funds.

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Gores Holdings IX Price Performance

GHIX remained flat at $10.01 during trading hours on Friday. The company had a trading volume of 1,124 shares, compared to its average volume of 153,793. Gores Holdings IX has a 12-month low of $9.60 and a 12-month high of $10.76. The business's fifty day moving average is $9.91 and its 200-day moving average is $9.77.

Gores Holdings IX Company Profile

(Get Rating)

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.

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