Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 1,330 shares, a growth of 82.2% from the August 15th total of 730 shares. Based on an average trading volume of 9,602 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.
Gores Holdings XI Stock Performance
GHXI stock traded up $0.09 during midday trading on Wednesday, hitting $10.08. 254 shares of the company’s stock were exchanged, compared to its average volume of 115,414. Gores Holdings XI has a 12-month low of $9.94 and a 12-month high of $10.88.
About Gores Holdings XI
Gores Holdings XI, Inc is a special purpose acquisition company (SPAC) formed to identify and combine with one or more operating businesses. Unlike an operating company, it does not currently provide products or services directly to customers.
The company’s primary activity is evaluating potential business-combination opportunities, which may include a merger, stock purchase, asset acquisition, reorganization or similar transaction. The target may operate in any industry or geographic region, subject to the requirements described in the company’s public filings.
Gores Holdings XI is affiliated with The Gores Group, an investment firm founded by Alec Gores.
Further Reading
- Five stocks we like better than Gores Holdings XI
- Micron’s AI Memory Boom Could Send Shares 100% Higher
- Apple Stock Surges After Its Biggest Product Launch in Years—Can It Last?
- The Ultimate Cyber Shield: CrowdStrike Rises Past $235
- Palantir Just Told Wall Street Where AI Infrastructure Is Headed
Receive News & Ratings for Gores Holdings XI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gores Holdings XI and related companies with MarketBeat.com's FREE daily email newsletter.
