Goldenstone Acquisition Limited (NASDAQ:GDSTR) Sees Significant Decline in Short Interest

Goldenstone Acquisition Limited (NASDAQ:GDSTR) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totalling 22,000 shares, a decrease of 7.2% from the September 30th total of 23,700 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is currently 14.7 days.

Goldenstone Acquisition Price Performance

NASDAQ:GDSTR remained flat at $0.22 during trading hours on Thursday. Goldenstone Acquisition has a 1-year low of $0.02 and a 1-year high of $0.26. The company’s fifty day simple moving average is $0.20 and its 200 day simple moving average is $0.18.

Goldenstone Acquisition Company Profile

Goldenstone Acquisition Limited does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Flushing, New York.