Gores Holdings IX (NASDAQ:GHIX) Stock Price Down 0.1%

Gores Holdings IX, Inc. (NASDAQ:GHIX) traded down 0.1% during trading on Monday . The stock traded as low as $10.55 and last traded at $10.55. 2,388 shares traded hands during trading, a decline of 83% from the average session volume of 14,056 shares. The stock had previously closed at $10.56.

Gores Holdings IX Price Performance

The stock’s fifty day moving average price is $10.56 and its two-hundred day moving average price is $10.52.

Hedge Funds Weigh In On Gores Holdings IX

A number of hedge funds have recently modified their holdings of GHIX. Nomura Holdings Inc. raised its stake in Gores Holdings IX by 43.3% during the 3rd quarter. Nomura Holdings Inc. now owns 2,250,000 shares of the company’s stock valued at $23,378,000 after acquiring an additional 680,000 shares during the last quarter. Schechter Investment Advisors LLC lifted its holdings in shares of Gores Holdings IX by 16.1% during the third quarter. Schechter Investment Advisors LLC now owns 1,546,566 shares of the company’s stock worth $16,069,000 after purchasing an additional 213,894 shares during the period. Kim LLC grew its position in Gores Holdings IX by 78.3% in the 4th quarter. Kim LLC now owns 1,294,988 shares of the company’s stock valued at $13,597,000 after buying an additional 568,888 shares during the last quarter. Verition Fund Management LLC increased its stake in Gores Holdings IX by 99.8% in the 4th quarter. Verition Fund Management LLC now owns 500,616 shares of the company’s stock valued at $5,256,000 after buying an additional 250,000 shares during the period. Finally, Cowen AND Company LLC boosted its holdings in shares of Gores Holdings IX by 4,180.4% in the third quarter. Cowen AND Company LLC now owns 463,992 shares of the company’s stock valued at $4,821,000 after acquiring an additional 453,152 shares in the last quarter. 75.13% of the stock is currently owned by hedge funds and other institutional investors.

Gores Holdings IX Company Profile

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.