GigCapital8 Corp. Units (NASDAQ:GIWWU) Sees Significant Decrease in Short Interest

GigCapital8 Corp. Units (NASDAQ:GIWWU) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 454 shares, a drop of 36.9% from the April 30th total of 719 shares. Based on an average daily trading volume, of 516 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

GigCapital8 Corp. Units Price Performance

Shares of NASDAQ:GIWWU opened at $10.32 on Friday. GigCapital8 Corp. Units has a 52 week low of $10.01 and a 52 week high of $10.67. The business has a fifty day simple moving average of $10.31.

GigCapital8 Corp. Units Company Profile

GigCapital8 Corp is a special purpose acquisition company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses.