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

Golden Star Acquisition Co. (NASDAQ:GODN) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 1,800 shares, an increase of 260.0% from the December 15th total of 500 shares. Based on an average trading volume of 12,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Golden Star Acquisition

Several institutional investors have recently modified their holdings of the stock. K2 Principal Fund L.P. lifted its stake in Golden Star Acquisition by 7.2% in the 2nd 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. Clear Street LLC boosted its stake in Golden Star Acquisition by 4,920.7% during the 2nd quarter. Clear Street LLC now owns 73,453 shares of the company’s stock worth $794,000 after purchasing an additional 71,990 shares during the last quarter. Finally, Westchester Capital Management LLC purchased a new stake in shares of Golden Star Acquisition during the third quarter worth $1,090,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Golden Star Acquisition Stock Down 0.1 %

Shares of Golden Star Acquisition stock traded down $0.01 on Tuesday, reaching $11.28. The company’s stock had a trading volume of 1,138 shares, compared to its average volume of 51,805. Golden Star Acquisition has a 52-week low of $8.80 and a 52-week high of $12.90. The stock has a 50-day moving average price of $11.21 and a 200-day moving average price of $11.03.

Golden Star Acquisition Company Profile

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.