Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,330 shares, a growth of 82.2% from the August 15th total of 730 shares. Based on an average daily trading volume, of 9,602 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Gores Holdings XI Trading Up 0.9%
GHXI stock traded up $0.09 during trading on Thursday, hitting $10.08. 254 shares of the company traded hands, compared to its average volume of 110,386. Gores Holdings XI has a 1 year low of $9.94 and a 1 year high of $10.88.
About Gores Holdings XI
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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