Genesis Unicorn Capital Corp. (NASDAQ:GENQ – Get Rating) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 600 shares, a growth of 20.0% from the August 31st total of 500 shares. Based on an average daily trading volume, of 11,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Genesis Unicorn Capital Price Performance

NASDAQ GENQ remained flat at $9.97 during trading on Friday. Genesis Unicorn Capital has a 52-week low of $9.88 and a 52-week high of $10.00. The firm's fifty day simple moving average is $9.98.

Institutional Investors Weigh In On Genesis Unicorn Capital

Institutional investors and hedge funds have recently modified their holdings of the company. Warberg Asset Management LLC purchased a new stake in shares of Genesis Unicorn Capital in the second quarter worth about $170,000. CVI Holdings LLC bought a new position in shares of Genesis Unicorn Capital in the second quarter worth approximately $596,000. Berkley W R Corp bought a new position in shares of Genesis Unicorn Capital in the second quarter worth approximately $1,243,000. Cubist Systematic Strategies LLC bought a new position in shares of Genesis Unicorn Capital in the second quarter worth approximately $1,306,000. Finally, MMCAP International Inc. SPC bought a new position in shares of Genesis Unicorn Capital in the second quarter worth approximately $1,538,000. 74.10% of the stock is owned by hedge funds and other institutional investors.

Genesis Unicorn Capital Company Profile

Genesis Unicorn Capital Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more businesses in biotech and pharmaceutical-focused companies, businesses, or assets.

Read More

• Get a free copy of the StockNews.com research report on Genesis Unicorn Capital (GENQ)
• EV Battery Maker Freyr Set For Major Global Expansion
• MarketBeat: Week in Review 9/26 – 9/30
• This Is A Memorable Time To Buy Into Micron Technology
• Thor Industries Hammers Out A Bottom
• Let Paychex Stock Work Hard For You

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