Gardiner Healthcare Acquisitions Corp. (NASDAQ:GDNR – Get Rating) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totalling 100 shares, a decline of 99.8% from the July 15th total of 53,300 shares. Based on an average trading volume of 5,500 shares, the short-interest ratio is currently 0.0 days.

Gardiner Healthcare Acquisitions Price Performance

GDNR remained flat at $9.98 during midday trading on Thursday. The company's stock had a trading volume of 82 shares, compared to its average volume of 12,630. The firm has a 50 day moving average price of $9.95 and a two-hundred day moving average price of $9.91. Gardiner Healthcare Acquisitions has a fifty-two week low of $9.77 and a fifty-two week high of $10.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in GDNR. Saba Capital Management L.P. purchased a new stake in shares of Gardiner Healthcare Acquisitions in the 1st quarter worth approximately $5,952,000. MMCAP International Inc. SPC purchased a new stake in shares of Gardiner Healthcare Acquisitions in the 1st quarter worth approximately $5,440,000. Rivernorth Capital Management LLC purchased a new stake in shares of Gardiner Healthcare Acquisitions in the 1st quarter worth approximately $3,610,000. Fir Tree Capital Management LP purchased a new stake in Gardiner Healthcare Acquisitions during the 1st quarter valued at $2,648,000. Finally, Basso Capital Management L.P. purchased a new stake in Gardiner Healthcare Acquisitions during the 1st quarter valued at $1,982,000. Hedge funds and other institutional investors own 15.69% of the company's stock.

Gardiner Healthcare Acquisitions Company Profile

Gardiner Healthcare Acquisitions Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying and acquiring a business in the healthcare or healthcare related industries.

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