Golden Arrow Merger Corp. (NASDAQ:GAMC – Get Rating) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 900 shares, a decrease of 52.6% from the December 31st total of 1,900 shares. Based on an average daily volume of 123,800 shares, the days-to-cover ratio is currently 0.0 days.
Golden Arrow Merger Stock Performance
Shares of GAMC remained flat at $10.09 during midday trading on Friday. The stock had a trading volume of 117 shares, compared to its average volume of 38,990. Golden Arrow Merger has a fifty-two week low of $9.65 and a fifty-two week high of $10.59. The company has a 50-day moving average price of $10.03 and a 200-day moving average price of $9.91.
Get Golden Arrow Merger alerts:Institutional Trading of Golden Arrow Merger
Several hedge funds have recently added to or reduced their stakes in the company. UBS Group AG grew its stake in shares of Golden Arrow Merger by 9,270.4% during the second quarter. UBS Group AG now owns 2,530 shares of the company's stock worth $25,000 after purchasing an additional 2,503 shares in the last quarter. Robinson Capital Management LLC raised its position in shares of Golden Arrow Merger by 23.8% during the 2nd quarter. Robinson Capital Management LLC now owns 10,149 shares of the company's stock worth $99,000 after acquiring an additional 1,950 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in Golden Arrow Merger during the third quarter worth approximately $107,000. Clear Street LLC acquired a new position in Golden Arrow Merger in the second quarter valued at approximately $124,000. Finally, Glazer Capital LLC increased its stake in Golden Arrow Merger by 472.0% in the first quarter. Glazer Capital LLC now owns 16,867 shares of the company's stock valued at $165,000 after purchasing an additional 13,918 shares during the last quarter. Institutional investors and hedge funds own 67.36% of the company's stock.
About Golden Arrow Merger
(Get Rating)Golden Arrow Merger Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare or healthcare-related infrastructure industries in the United States and other developed countries.
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