Goldenstone Acquisition Limited (NASDAQ:GDST - Get Free Report) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 600 shares, an increase of 50.0% from the March 15th total of 400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is currently 0.1 days.
Goldenstone Acquisition Stock Up 0.3 %
GDST stock traded up $0.03 during midday trading on Friday, reaching $11.08. 4,464 shares of the company's stock traded hands, compared to its average volume of 1,050. Goldenstone Acquisition has a 52-week low of $9.63 and a 52-week high of $12.45. The stock's 50-day moving average is $10.95 and its 200 day moving average is $10.83.
Hedge Funds Weigh In On Goldenstone Acquisition
A number of hedge funds have recently modified their holdings of GDST. UBS Group AG bought a new position in shares of Goldenstone Acquisition in the second quarter worth approximately $27,000. Cubist Systematic Strategies LLC bought a new position in shares of Goldenstone Acquisition during the second quarter worth $2,762,000. Glazer Capital LLC bought a new position in shares of Goldenstone Acquisition during the first quarter worth $574,000. Sea Otter Advisors LLC bought a new position in shares of Goldenstone Acquisition during the first quarter worth $284,000. Finally, Rivernorth Capital Management LLC bought a new position in shares of Goldenstone Acquisition during the second quarter worth $1,965,000. 72.08% of the stock is currently owned by institutional investors.
Goldenstone Acquisition Company Profile
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Goldenstone Acquisition Limited does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Aurora, Illinois.
Further Reading
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