Gores Holdings IX, Inc. (NASDAQ:GHIXW) Sees Significant Increase in Short Interest

Gores Holdings IX, Inc. (NASDAQ:GHIXW) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 2,300 shares, an increase of 43.8% from the May 15th total of 1,600 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is presently 0.1 days.

Gores Holdings IX Price Performance

Shares of GHIXW remained flat at $0.09 on Friday. The business’s 50 day simple moving average is $0.22 and its two-hundred day simple moving average is $0.21. Gores Holdings IX has a 52 week low of $0.07 and a 52 week high of $0.62.

About Gores Holdings IX

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