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Short Interest in Gores Holdings IX, Inc. (NASDAQ:GHIX) Rises By 8.7%

kopsource ·  Oct 19, 2022 11:22

Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Rating) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totalling 13,800 shares, a growth of 8.7% from the September 15th total of 12,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 174,300 shares, the short-interest ratio is currently 0.1 days.

Gores Holdings IX Trading Up 0.1 %

Shares of NASDAQ:GHIX traded up $0.01 during midday trading on Wednesday, hitting $9.69. The company had a trading volume of 300 shares, compared to its average volume of 369,091. Gores Holdings IX has a 12-month low of $9.60 and a 12-month high of $9.90. The company has a fifty day moving average of $9.68 and a two-hundred day moving average of $9.69.

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Institutional Investors Weigh In On Gores Holdings IX

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Verition Fund Management LLC purchased a new stake in Gores Holdings IX in the 2nd quarter worth $2,405,000. Walleye Capital LLC purchased a new stake in Gores Holdings IX in the 2nd quarter worth $135,000. Nomura Holdings Inc. purchased a new stake in Gores Holdings IX in the 2nd quarter worth $21,685,000. CSS LLC IL purchased a new stake in Gores Holdings IX in the 2nd quarter worth $251,000. Finally, CVI Holdings LLC purchased a new stake in Gores Holdings IX in the 2nd quarter worth $962,000. 68.56% of the stock is currently owned by hedge funds and other institutional investors.

About Gores Holdings IX

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Gores Holdings IX, Inc focuses on a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Boulder, Colorado.

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