Golden Star Acquisition Co. (NASDAQ:GODN) Short Interest Update

Golden Star Acquisition Co. (NASDAQ:GODN) was the target of a significant 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 daily volume of 12,200 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Golden Star Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the business. Clear Street LLC boosted its stake in Golden Star Acquisition by 4,920.7% in the second 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 during the last quarter. K2 Principal Fund L.P. boosted its position 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 worth $1,151,000 after purchasing an additional 7,195 shares in the last quarter. Finally, Westchester Capital Management LLC bought a new position in shares of Golden Star Acquisition during the third quarter worth $1,090,000. 63.69% of the stock is owned by institutional investors.

Golden Star Acquisition Stock Performance

Shares of Golden Star Acquisition stock traded up $0.14 during midday trading on Monday, reaching $11.28. The company had a trading volume of 3,332 shares, compared to its average volume of 60,255. Golden Star Acquisition has a 1-year low of $8.80 and a 1-year high of $12.90. The stock has a fifty day simple moving average of $11.21 and a 200 day simple moving average of $11.03.

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.