Short Interest in Gores Holdings IX, Inc. (NASDAQ:GHIX) Increases By 66.7%

Gores Holdings IX, Inc. (NASDAQ:GHIX) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,000 shares, an increase of 66.7% from the February 29th total of 600 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. UBS Group AG boosted its holdings in Gores Holdings IX by 482.7% in the 4th quarter. UBS Group AG now owns 2,622 shares of the company’s stock valued at $26,000 after purchasing an additional 2,172 shares during the period. Barclays PLC grew its position in Gores Holdings IX by 0.7% during the second quarter. Barclays PLC now owns 1,385,000 shares of the company’s stock worth $14,196,000 after buying an additional 10,000 shares in the last quarter. Walleye Capital LLC bought a new position in Gores Holdings IX during the 2nd quarter worth $135,000. XTX Topco Ltd acquired a new position in Gores Holdings IX in the 2nd quarter valued at $189,000. Finally, TrueMark Investments LLC bought a new stake in shares of Gores Holdings IX during the 4th quarter valued at $222,000. 75.13% of the stock is owned by institutional investors and hedge funds.

Gores Holdings IX Stock Up 0.1 %

Gores Holdings IX stock opened at $10.56 on Friday. The stock’s 50 day moving average is $10.57 and its 200-day moving average is $10.49. Gores Holdings IX has a 12 month low of $10.03 and a 12 month high of $11.10.

About Gores Holdings IX

Gores Holdings IX, Inc does not have significant operations. It 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.