Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 2,000 shares, a growth of 42.9% from the August 15th total of 1,400 shares. Based on an average daily volume of 13,900 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Investors Weigh In On Golden Arrow Merger
An institutional investor recently bought a new position in Golden Arrow Merger stock. Cowen AND Company LLC acquired a new position in shares of Golden Arrow Merger Corp. (NASDAQ:GAMCW – Get Rating) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 400,140 shares of the company's stock, valued at approximately $32,000.
Get Golden Arrow Merger alerts:Golden Arrow Merger Price Performance
GAMCW remained flat at $0.06 during trading on Friday. 1,100 shares of the company's stock were exchanged, compared to its average volume of 18,888. Golden Arrow Merger has a 12 month low of $0.01 and a 12 month high of $0.62.
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