Golden Falcon Acquisition Corp. (NYSE:GFX – Get Free Report) was the target of a large increase in short interest in July. As of July 31st, there was short interest totalling 1,400 shares, an increase of 180.0% from the July 15th total of 500 shares. Based on an average daily volume of 17,200 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.
Institutional Investors Weigh In On Golden Falcon Acquisition
A number of institutional investors have recently modified their holdings of the company. Mangrove Partners bought a new position in Golden Falcon Acquisition during the fourth quarter worth $132,000. Cubist Systematic Strategies LLC bought a new position in Golden Falcon Acquisition during the second quarter worth $189,000. DLD Asset Management LP boosted its stake in Golden Falcon Acquisition by 7.8% during the fourth quarter. DLD Asset Management LP now owns 46,610 shares of the company’s stock worth $466,000 after acquiring an additional 3,390 shares in the last quarter. Sculptor Capital LP bought a new position in shares of Golden Falcon Acquisition in the first quarter valued at $1,415,000. Finally, Spartan Fund Management Inc. bought a new position in shares of Golden Falcon Acquisition in the second quarter valued at $1,578,000. 19.91% of the stock is owned by institutional investors.
Golden Falcon Acquisition Stock Up 0.2 %
NYSE:GFX opened at $10.22 on Friday. The firm’s fifty day moving average is $10.19 and its 200-day moving average is $10.13. Golden Falcon Acquisition has a 52 week low of $9.74 and a 52 week high of $10.44.
Golden Falcon Acquisition Company Profile
Golden Falcon Acquisition Corp. does not have significant operations. It focuses effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Newark, Delaware.
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