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.
Get GSR II Meteora Acquisition alerts: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
(Get Rating)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.
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