GSR IV Acquisition Corp. (NASDAQ:GSRFU) Short Interest Down 80.3% in July

GSR IV Acquisition Corp. (NASDAQ:GSRFU) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 100 shares, a decrease of 80.3% from the June 30th total of 508 shares. Based on an average daily trading volume, of 122 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of GSRFU. JPMorgan Chase & Co. acquired a new stake in GSR IV Acquisition during the third quarter worth approximately $167,000. Readystate Asset Management LP lifted its stake in shares of GSR IV Acquisition by 847.7% during the 4th quarter. Readystate Asset Management LP now owns 94,774 shares of the company’s stock worth $976,000 after purchasing an additional 84,774 shares during the period. Cable Car Capital LP purchased a new position in shares of GSR IV Acquisition during the 3rd quarter worth $1,267,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of GSR IV Acquisition during the third quarter worth $1,318,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of GSR IV Acquisition during the third quarter worth $2,027,000.

GSR IV Acquisition Stock Performance

Shares of NASDAQ GSRFU remained flat at $10.61 during midday trading on Monday. GSR IV Acquisition has a 52-week low of $10.01 and a 52-week high of $11.55. The stock’s 50 day simple moving average is $10.46 and its 200 day simple moving average is $10.39.

About GSR IV Acquisition

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.