Gores Holdings IX, Inc. (NASDAQ:GHIX) Short Interest Update

by · The Markets Daily

Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totalling 3,600 shares, a growth of 20.0% from the August 15th total of 3,000 shares. Based on an average trading volume of 24,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Gores Holdings IX Trading Up 0.1 %

NASDAQ:GHIX traded up $0.01 during trading hours on Tuesday, reaching $10.59. The company’s stock had a trading volume of 562 shares, compared to its average volume of 21,673. Gores Holdings IX has a one year low of $10.36 and a one year high of $11.14. The business’s 50-day moving average is $10.61 and its 200-day moving average is $10.59.

Institutional Trading of Gores Holdings IX

Several large investors have recently made changes to their positions in the stock. PenderFund Capital Management Ltd. acquired a new stake in Gores Holdings IX in the 4th quarter worth approximately $271,000. ADAR1 Capital Management LLC bought a new stake in shares of Gores Holdings IX during the 4th quarter worth $315,000. K2 Principal Fund L.P. acquired a new position in Gores Holdings IX in the 4th quarter valued at $2,625,000. Flow State Investments L.P. raised its holdings in Gores Holdings IX by 233.3% in the 4th quarter. Flow State Investments L.P. now owns 250,000 shares of the company’s stock worth $2,625,000 after acquiring an additional 175,000 shares during the period. Finally, Verition Fund Management LLC lifted its position in Gores Holdings IX by 99.8% during the 4th quarter. Verition Fund Management LLC now owns 500,616 shares of the company’s stock worth $5,256,000 after acquiring an additional 250,000 shares during the last quarter. Institutional investors own 75.13% of the company’s stock.

Gores Holdings IX Company Profile

(Get Free Report)

Gores Holdings IX, Inc does not have significant operations. It intends to effect 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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