Golden Star Acquisition Co. (NASDAQ:GODN) Short Interest Update

by · The Cerbat Gem

Golden Star Acquisition Co. (NASDAQ:GODN – Get Free Report) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,800 shares, a growth of 260.0% from the December 15th total of 500 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Golden Star Acquisition

A number of institutional investors have recently made changes to their positions in the stock. Westchester Capital Management LLC acquired a new stake in Golden Star Acquisition in the 3rd quarter valued at approximately $1,090,000. K2 Principal Fund L.P. boosted its holdings in Golden Star Acquisition by 7.2% in the second quarter. K2 Principal Fund L.P. now owns 106,740 shares of the company’s stock valued at $1,151,000 after purchasing an additional 7,195 shares during the period. Finally, Clear Street LLC grew its stake in Golden Star Acquisition by 4,920.7% during the 2nd quarter. Clear Street LLC now owns 73,453 shares of the company’s stock worth $794,000 after purchasing an additional 71,990 shares in the last quarter. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Golden Star Acquisition Stock Performance

Shares of NASDAQ GODN traded down $0.01 during mid-day trading on Tuesday, reaching $11.28. 1,138 shares of the company’s stock were exchanged, compared to its average volume of 51,805. The company’s 50-day moving average is $11.21 and its 200-day moving average is $11.03. Golden Star Acquisition has a 52-week low of $8.80 and a 52-week high of $12.90.

About Golden Star Acquisition

(Get Free Report)

Golden Star Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Golden Star Acquisition Corporation was incorporated in 2021 and is based in New York, New York.

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