Gores Holdings IX, Inc. (NASDAQ:GHIXW) Short Interest Down 6.1% in October

Gores Holdings IX, Inc. (NASDAQ:GHIXW) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,100 shares, a drop of 6.1% from the September 30th total of 3,300 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is currently 0.4 days.

Gores Holdings IX Price Performance

Shares of NASDAQ:GHIXW remained flat at $0.05 during midday trading on Friday. The company has a 50 day simple moving average of $0.08 and a two-hundred day simple moving average of $0.12. Gores Holdings IX has a 1 year low of $0.05 and a 1 year 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.