GSR IV Acquisition Corp. (NASDAQ:GSRFR) Stock Short Interest Report for September

by · The Cerbat Gem

GSR IV Acquisition Corp. (NASDAQ:GSRFR – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 221 shares, a decline of 35.8% from the September 15th total of 344 shares. Based on an average daily trading volume, of 1,911 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Lineage Point Capital LP acquired a new stake in GSR IV Acquisition in the fourth quarter worth $25,000. Harraden Circle Investments LLC increased its stake in GSR IV Acquisition by 13.2% in the second quarter. Harraden Circle Investments LLC now owns 478,516 shares of the company’s stock valued at $1,153,000 after purchasing an additional 55,761 shares in the last quarter. Finally, Rivernorth Capital Management LLC acquired a new position in shares of GSR IV Acquisition during the first quarter valued at about $166,000.

GSR IV Acquisition Stock Performance

GSR IV Acquisition stock opened at $1.30 on Friday. GSR IV Acquisition has a 52-week low of $1.20 and a 52-week high of $3.98. The stock’s 50 day moving average price is $1.87 and its two-hundred day moving average price is $2.16.

About GSR IV Acquisition

(Get Free Report)

GSR IV Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, reorganization or similar transaction.

Unlike an operating company, GSR IV Acquisition Corp. does not appear to offer products or services of its own. Its activities are primarily focused on evaluating potential acquisition targets and completing a business combination, after which the combined company would be expected to conduct the operating business.

Publicly available information about the company’s target industry, geographic focus and leadership is limited.

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