Gesher I Acquisition Corp. (NASDAQ:GIACW – Get Rating) was the target of a large drop in short interest during the month of December. As of December 30th, there was short interest totalling 21,000 shares, a drop of 13.9% from the December 15th total of 24,400 shares. Based on an average daily volume of 12,800 shares, the short-interest ratio is currently 1.6 days.

Gesher I Acquisition Trading Down 1.1 %

Shares of NASDAQ GIACW traded down $0.01 during mid-day trading on Monday, hitting $0.72. The company had a trading volume of 11,300 shares, compared to its average volume of 5,922. Gesher I Acquisition has a 12 month low of $0.20 and a 12 month high of $0.84. The firm's 50 day simple moving average is $0.47 and its two-hundred day simple moving average is $0.50.

Institutional Trading of Gesher I Acquisition

A hedge fund recently bought a new stake in Gesher I Acquisition stock. Basso Capital Management L.P. bought a new stake in Gesher I Acquisition Corp. (NASDAQ:GIACW – Get Rating) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 100,000 shares of the company's stock, valued at approximately $32,000.

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