GO Acquisition Corp. (NYSE:GOAC) Short Interest Update

GO Acquisition Corp. (NYSE:GOAC) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 15,100 shares, an increase of 174.5% from the December 15th total of 5,500 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 112,000 shares, the short-interest ratio is presently 0.1 days.

GOAC stock opened at $9.87 on Friday. GO Acquisition has a 12-month low of $9.51 and a 12-month high of $10.79. The company’s fifty day simple moving average is $9.85 and its 200 day simple moving average is $9.82.

A number of hedge funds have recently added to or reduced their stakes in the stock. Ancora Advisors LLC bought a new stake in GO Acquisition in the third quarter valued at $26,000. Gamco Investors INC. ET AL increased its stake in GO Acquisition by 20.0% in the second quarter. Gamco Investors INC. ET AL now owns 12,000 shares of the company’s stock valued at $117,000 after purchasing an additional 2,000 shares in the last quarter. CSS LLC IL bought a new stake in GO Acquisition in the third quarter valued at $194,000. EJF Capital LLC bought a new stake in GO Acquisition in the second quarter valued at $196,000. Finally, Arena Capital Advisors LLC CA bought a new stake in GO Acquisition in the second quarter valued at $219,000. Institutional investors and hedge funds own 87.17% of the company’s stock.

GO Acquisition Company Profile

GO Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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