Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 188,600 shares, a growth of 12,473.3% from the November 30th total of 1,500 shares. Based on an average daily trading volume, of 31,400 shares, the short-interest ratio is presently 6.0 days.

Hedge Funds Weigh In On Golden Arrow Merger

An institutional investor recently bought a new position in Golden Arrow Merger stock. Cowen AND Company LLC purchased a new position in Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 400,140 shares of the company's stock, valued at approximately $32,000.

Golden Arrow Merger Stock Performance

NASDAQ GAMCW opened at $0.03 on Thursday. The company's 50 day moving average price is $0.03. Golden Arrow Merger has a twelve month low of $0.00 and a twelve month high of $0.53.

Further Reading

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