Golden Star Acquisition Co. (NASDAQ:GODN) Sees Large Growth in Short Interest

Posted by Anthony Miller on Oct 16th, 2024

Golden Star Acquisition Co. (NASDAQ:GODN – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,100 shares, an increase of 22.2% from the September 15th total of 900 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Golden Star Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of the stock. K2 Principal Fund L.P. raised its holdings in Golden Star Acquisition by 7.2% during the 2nd quarter. K2 Principal Fund L.P. now owns 106,740 shares of the company’s stock worth $1,151,000 after buying an additional 7,195 shares during the period. Clear Street LLC lifted its holdings in shares of Golden Star Acquisition by 4,920.7% in the second quarter. Clear Street LLC now owns 73,453 shares of the company’s stock valued at $794,000 after purchasing an additional 71,990 shares in the last quarter. Walleye Trading LLC acquired a new stake in shares of Golden Star Acquisition in the first quarter worth $479,000. Finally, Virtu Financial LLC raised its position in Golden Star Acquisition by 33.8% during the fourth quarter. Virtu Financial LLC now owns 44,644 shares of the company’s stock valued at $465,000 after buying an additional 11,284 shares during the period. 63.69% of the stock is owned by institutional investors and hedge funds.

Golden Star Acquisition Stock Down 0.7 %

NASDAQ GODN opened at $11.00 on Wednesday. Golden Star Acquisition has a 1 year low of $8.80 and a 1 year high of $11.21. The business’s fifty day moving average is $10.92 and its two-hundred day moving average is $10.82.

Golden Star Acquisition Company Profile

(Get Free Report)

Golden Star Acquisition Corporation does not have significant operations. It intends to effect a merger, share 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 New York, New York.