G Squared Ascend II Inc. (NYSE:GSQB – Get Rating) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totalling 2,500 shares, a decrease of 7.4% from the September 15th total of 2,700 shares. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On G Squared Ascend II

Several large investors have recently modified their holdings of the business. Exos Asset Management LLC increased its position in G Squared Ascend II by 3.4% during the 1st quarter. Exos Asset Management LLC now owns 61,779 shares of the company's stock valued at $607,000 after purchasing an additional 2,059 shares during the period. Oribel Capital Management LP bought a new position in G Squared Ascend II during the 1st quarter valued at about $972,000. Finally, Bank of Montreal Can purchased a new stake in shares of G Squared Ascend II during the 2nd quarter valued at about $2,476,000.

G Squared Ascend II Stock Up 0.2 %

Shares of G Squared Ascend II stock traded up $0.02 during trading hours on Tuesday, reaching $9.96. The company's stock had a trading volume of 3,708 shares, compared to its average volume of 57,092. The stock's fifty day simple moving average is $9.91 and its two-hundred day simple moving average is $9.86. G Squared Ascend II has a one year low of $9.70 and a one year high of $9.97.

G Squared Ascend II Company Profile

G Squared Ascend II Inc does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus its search on companies operating in the software-as-a service, online marketplaces, mobility 2.0/logistics, FinTech/InsurTech, new age media, and sustainability.

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