GSR II Meteora Acquisition Corp. (NASDAQ:GSRM – Get Rating) was the recipient of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 41,000 shares, an increase of 1,763.6% from the November 15th total of 2,200 shares. Based on an average trading volume of 22,400 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Trading of GSR II Meteora Acquisition

A number of large investors have recently modified their holdings of the business. OLD Mission Capital LLC purchased a new position in shares of GSR II Meteora Acquisition during the 2nd quarter valued at about $156,000. Hudson Bay Capital Management LP purchased a new position in shares of GSR II Meteora Acquisition during the 2nd quarter valued at about $17,237,000. Millennium Management LLC purchased a new position in shares of GSR II Meteora Acquisition during the 2nd quarter valued at about $816,000. Cubist Systematic Strategies LLC purchased a new position in shares of GSR II Meteora Acquisition during the 2nd quarter valued at about $1,333,000. Finally, Berkley W R Corp purchased a new position in shares of GSR II Meteora Acquisition during the 2nd quarter valued at about $264,000.

GSR II Meteora Acquisition Stock Performance

Shares of GSRM opened at $10.00 on Tuesday. The stock has a 50-day moving average price of $9.95 and a 200-day moving average price of $9.92. GSR II Meteora Acquisition has a 12-month low of $9.78 and a 12-month high of $10.01.

About GSR II Meteora Acquisition

GSR II Meteora Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to focus on businesses in the software, technology-enabled manufacturing and services, mobility, and transportation sectors, as well as companies that help to address environmental, social, and governance related issues.

See Also

• Get a free copy of the StockNews.com research report on GSR II Meteora Acquisition (GSRM)
• Why the Cracker Barrel Selloff Looks Overcooked
• Coinbase Global Stock is a Falling Meat Cleaver
• It's Still Too Soon to Shop for Kohl's Stock
• Three Small-Cap Biotech Stocks to Consider Now
• Two Blue Chip Health Companies The Institutions Are Buying

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