Gores Holdings IX, Inc. (NASDAQ:GHIXW – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 7,200 shares, an increase of 7.5% from the October 15th total of 6,700 shares. Based on an average daily volume of 7,400 shares, the days-to-cover ratio is presently 1.0 days.
Gores Holdings IX Price Performance
Shares of NASDAQ:GHIXW remained flat at $0.12 on Friday. Gores Holdings IX has a twelve month low of $0.09 and a twelve month high of $1.00. The firm’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.18.
Institutional Trading of Gores Holdings IX
Several institutional investors and hedge funds have recently made changes to their positions in the company. Guggenheim Capital LLC purchased a new position in Gores Holdings IX in the first quarter valued at about $1,380,000. Nomura Holdings Inc. purchased a new position in Gores Holdings IX in the second quarter valued at about $381,000. Saba Capital Management L.P. purchased a new position in Gores Holdings IX in the first quarter valued at about $468,000. Fir Tree Capital Management LP purchased a new position in Gores Holdings IX in the first quarter valued at about $437,000. Finally, Prelude Capital Management LLC purchased a new position in Gores Holdings IX in the first quarter valued at about $223,000.
Gores Holdings IX Company Profile
The company was incorporated in 2021 and is based in Boulder, Colorado.
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