Games & Esports Experience Acquisition Corp. (NASDAQ:GEEX – Get Rating) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, an increase of 100.0% from the August 15th total of 200 shares. Based on an average daily volume of 25,400 shares, the short-interest ratio is presently 0.0 days.

Games & Esports Experience Acquisition Stock Performance

Shares of NASDAQ GEEX opened at $10.12 on Friday. Games & Esports Experience Acquisition has a 52-week low of $9.80 and a 52-week high of $12.73. The firm's fifty day moving average is $10.08 and its two-hundred day moving average is $10.04.

Hedge Funds Weigh In On Games & Esports Experience Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada acquired a new stake in shares of Games & Esports Experience Acquisition in the first quarter valued at $62,000. Wolverine Asset Management LLC acquired a new stake in Games & Esports Experience Acquisition in the first quarter valued at $66,000. OLD Mission Capital LLC acquired a new stake in shares of Games & Esports Experience Acquisition in the 2nd quarter worth about $134,000. Parallax Volatility Advisers L.P. bought a new position in shares of Games & Esports Experience Acquisition during the 2nd quarter valued at about $169,000. Finally, OMERS ADMINISTRATION Corp acquired a new position in Games & Esports Experience Acquisition in the first quarter worth approximately $200,000. 61.83% of the stock is owned by hedge funds and other institutional investors.

About Games & Esports Experience Acquisition

Games & Esports Experience Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the interactive media, ecommerce, media, content and other intellectual property, sports and entertainment, and social media industries.

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