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

Golden Star Acquisition Co. (NASDAQ:GODN) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 500 shares, an increase of 25.0% from the November 30th total of 400 shares. Based on an average trading volume of 10,200 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Golden Star Acquisition Price Performance

Shares of Golden Star Acquisition stock opened at $11.30 on Tuesday. Golden Star Acquisition has a 52 week low of $8.80 and a 52 week high of $12.90. The business has a 50 day moving average price of $11.19 and a 200-day moving average price of $11.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of GODN. K2 Principal Fund L.P. grew 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 raised its holdings in shares of Golden Star Acquisition by 4,920.7% in the 2nd quarter. Clear Street LLC now owns 73,453 shares of the company’s stock valued at $794,000 after acquiring an additional 71,990 shares in the last quarter. Finally, Westchester Capital Management LLC bought a new stake in shares of Golden Star Acquisition during the 3rd quarter valued at about $1,090,000. 63.69% of the stock is owned by institutional investors.

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.