Golden Star Acquisition Co. (NASDAQ:GODN) Sees Significant Increase in Short Interest

Golden Star Acquisition Co. (NASDAQ:GODN) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 1,000 shares, a growth of 66.7% from the October 31st total of 600 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Golden Star Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of GODN. Walleye Trading LLC purchased a new position in Golden Star Acquisition during the 1st quarter worth approximately $479,000. Clear Street LLC boosted its position in shares of Golden Star Acquisition by 4,920.7% in the second quarter. Clear Street LLC now owns 73,453 shares of the company’s stock worth $794,000 after buying an additional 71,990 shares during the period. Westchester Capital Management LLC acquired a new stake in shares of Golden Star Acquisition in the third quarter worth $1,090,000. Finally, K2 Principal Fund L.P. grew its holdings in shares of Golden Star Acquisition by 7.2% during the second quarter. K2 Principal Fund L.P. now owns 106,740 shares of the company’s stock valued at $1,151,000 after buying an additional 7,195 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

Golden Star Acquisition Stock Up 0.4 %

NASDAQ GODN opened at $11.24 on Friday. The business’s fifty day moving average is $11.09 and its two-hundred day moving average is $10.93. Golden Star Acquisition has a 1 year low of $8.80 and a 1 year high of $12.90.

About Golden Star Acquisition

Golden Star Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Golden Star Acquisition Corporation was incorporated in 2021 and is based in New York, New York.