Short Interest in Golden Star Acquisition Co. (NASDAQ:GODN) Increases By 260.0%

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

Hedge Funds Weigh In On Golden Star Acquisition

A hedge fund recently bought a new stake in Golden Star Acquisition stock. Westchester Capital Management LLC purchased a new stake in shares of Golden Star Acquisition Co. (NASDAQ:GODN) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 100,000 shares of the company’s stock, valued at approximately $1,090,000. Westchester Capital Management LLC owned about 2.21% of Golden Star Acquisition as of its most recent filing with the Securities & Exchange Commission. 63.69% of the stock is owned by hedge funds and other institutional investors.

Golden Star Acquisition Stock Down 60.9 %

NASDAQ GODN traded down $5.19 during trading on Wednesday, hitting $3.34. 852,221 shares of the company’s stock were exchanged, compared to its average volume of 23,028. The stock’s 50 day moving average price is $10.88 and its two-hundred day moving average price is $10.94. Golden Star Acquisition has a fifty-two week low of $2.57 and a fifty-two week high of $17.49.

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.