GS Acquisition Holdings Corp II (NYSE:GSAH) Short Interest Down 36.7% in March

GS Acquisition Holdings Corp II (NYSE:GSAH) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 722,100 shares, a decrease of 36.7% from the March 15th total of 1,140,000 shares. Based on an average daily trading volume, of 3,520,000 shares, the short-interest ratio is currently 0.2 days. Approximately 1.0% of the company’s shares are short sold.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. OTA Financial Group L.P. purchased a new stake in shares of GS Acquisition Holdings Corp II during the first quarter worth about $718,000. Golden Green Inc. purchased a new stake in shares of GS Acquisition Holdings Corp II during the first quarter worth about $223,000. Susquehanna International Group LLP purchased a new stake in shares of GS Acquisition Holdings Corp II during the fourth quarter worth about $157,000. Fort Baker Capital Management LP purchased a new stake in shares of GS Acquisition Holdings Corp II during the fourth quarter worth about $1,452,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of GS Acquisition Holdings Corp II by 143.4% during the fourth quarter. JPMorgan Chase & Co. now owns 182,580 shares of the company’s stock worth $1,990,000 after purchasing an additional 107,580 shares during the period. Institutional investors and hedge funds own 33.98% of the company’s stock.

NYSE GSAH traded down $0.02 during trading on Friday, hitting $10.38. 1,138,897 shares of the company’s stock traded hands, compared to its average volume of 3,305,185. The stock has a fifty day moving average of $11.03 and a two-hundred day moving average of $11.03. GS Acquisition Holdings Corp II has a 12-month low of $9.85 and a 12-month high of $16.66.

GS Acquisition Holdings Corp II Company Profile

GS Acquisition Holdings Corp II intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction with one or more businesses. The company was founded in 2018 and is based in New York, New York.

Read More: Special Purpose Acquisition Company (SPAC) – What You Need to Know

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