Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 8,410 shares, a growth of 532.3% from the August 31st total of 1,330 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 219,638 shares, the days-to-cover ratio is currently 0.0 days.
Gores Holdings XI Price Performance
Shares of Gores Holdings XI stock opened at $10.13 on Friday. Gores Holdings XI has a twelve month low of $9.94 and a twelve month 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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