Gesher I Acquisition Corp. (NASDAQ:GIACW – Get Rating) was the target of a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 800 shares, a decrease of 20.0% from the November 15th total of 1,000 shares. Based on an average daily trading volume, of 15,100 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Gesher I Acquisition
An institutional investor recently bought a new position in Gesher I Acquisition stock. Basso Capital Management L.P. acquired a new position in shares of Gesher I Acquisition Corp. (NASDAQ:GIACW – Get Rating) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 100,000 shares of the company's stock, valued at approximately $32,000.
Get Gesher I Acquisition alerts:Gesher I Acquisition Price Performance
Shares of NASDAQ:GIACW traded up $0.06 during trading on Friday, reaching $0.48. 11,317 shares of the company's stock traded hands, compared to its average volume of 19,030. Gesher I Acquisition has a 12 month low of $0.20 and a 12 month high of $0.65. The company has a 50 day moving average of $0.46 and a 200-day moving average of $0.48.
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