Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 4,500 shares, an increase of 164.7% from the July 15th total of 1,700 shares. Based on an average daily volume of 13,700 shares, the days-to-cover ratio is presently 0.3 days.

Golden Arrow Merger Stock Performance

GAMCW stock opened at $0.08 on Friday. Golden Arrow Merger has a 1-year low of $0.01 and a 1-year high of $0.71.

Institutional Trading of Golden Arrow Merger

An institutional investor recently bought a new position in Golden Arrow Merger stock. Cowen AND Company LLC bought a new stake in Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 400,140 shares of the company's stock, valued at approximately $32,000.

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