Gaming & Hospitality Acquisition Corp. (NASDAQ:GHAC – Get Rating) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 89,300 shares, an increase of 22,225.0% from the August 31st total of 400 shares. Based on an average daily volume of 28,000 shares, the short-interest ratio is currently 3.2 days. Approximately 0.4% of the company's stock are sold short.

Institutional Trading of Gaming & Hospitality Acquisition

Large investors have recently added to or reduced their stakes in the stock. Integrity Capital Management HK Ltd purchased a new stake in Gaming & Hospitality Acquisition during the first quarter worth about $48,000. Wolverine Asset Management LLC increased its stake in shares of Gaming & Hospitality Acquisition by 86.9% in the first quarter. Wolverine Asset Management LLC now owns 363,701 shares of the company's stock worth $3,553,000 after purchasing an additional 169,089 shares in the last quarter. Apollo Management Holdings L.P. purchased a new position in shares of Gaming & Hospitality Acquisition in the first quarter worth about $3,420,000. Cheyne Capital Management UK LLP purchased a new position in shares of Gaming & Hospitality Acquisition in the first quarter worth about $294,000. Finally, Bank of Montreal Can purchased a new position in shares of Gaming & Hospitality Acquisition in the second quarter worth about $1,352,000. Hedge funds and other institutional investors own 65.54% of the company's stock.

Gaming & Hospitality Acquisition Stock Performance

GHAC opened at $9.85 on Thursday. Gaming & Hospitality Acquisition has a fifty-two week low of $9.68 and a fifty-two week high of $9.88. The firm has a 50-day moving average of $9.85 and a 200 day moving average of $9.82.

About Gaming & Hospitality Acquisition

Gaming & Hospitality 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. It intends to acquire companies in the gaming and hospitality sectors.

Featured Stories

• Get a free copy of the StockNews.com research report on Gaming & Hospitality Acquisition (GHAC)
• This Little Known Small Cap Is Up 139%: Is The Stock A Buy?
• A Trio of Q3 Winners With Room to Run
• Can HCA Healthcare Weather the Normalization?
• Can United Natural Foods Fight Both Inflation and the Fed?
• Mullen Automotive Is Ready To Get In Gear

Receive News & Ratings for Gaming & Hospitality Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gaming & Hospitality Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.