Short Interest in Gores Holdings XI, Inc. (NASDAQ:GHXI) Increases By 82.2%

Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,330 shares, an increase of 82.2% from the August 15th total of 730 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,602 shares, the days-to-cover ratio is currently 0.1 days.

Gores Holdings XI Stock Up 0.9%

Shares of GHXI traded up $0.09 during trading hours on Wednesday, hitting $10.08. The stock had a trading volume of 254 shares, compared to its average volume of 115,414. Gores Holdings XI has a 52 week low of $9.94 and a 52 week high of $10.88.

About Gores Holdings XI

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Gores Holdings XI, Inc is a special purpose acquisition company (SPAC) formed to identify and combine with one or more operating businesses. Unlike an operating company, it does not currently provide products or services directly to customers.

The company’s primary activity is evaluating potential business-combination opportunities, which may include a merger, stock purchase, asset acquisition, reorganization or similar transaction. The target may operate in any industry or geographic region, subject to the requirements described in the company’s public filings.

Gores Holdings XI is affiliated with The Gores Group, an investment firm founded by Alec Gores.

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