Short Interest in Golden Star Acquisition Co. (NASDAQ:GODN) Grows By 66.7%

Golden Star Acquisition Co. (NASDAQ:GODN) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 1,000 shares, an increase of 66.7% from the October 31st total of 600 shares. Based on an average daily volume of 7,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Golden Star Acquisition Stock Performance

Shares of GODN stock opened at $11.20 on Friday. Golden Star Acquisition has a 52 week low of $8.80 and a 52 week high of $12.90. The company’s 50 day moving average price is $11.08 and its two-hundred day moving average price is $10.93.

Institutional Investors Weigh In On Golden Star Acquisition

Large investors have recently made changes to their positions in the stock. K2 Principal Fund L.P. boosted 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 worth $1,151,000 after purchasing an additional 7,195 shares during the period. Walleye Trading LLC acquired a new stake in shares of Golden Star Acquisition in the 1st quarter valued at about $479,000. Clear Street LLC lifted its holdings in shares of 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 purchasing an additional 71,990 shares in the last quarter. Finally, Westchester Capital Management LLC acquired a new position in shares of Golden Star Acquisition during the third quarter worth about $1,090,000. Institutional investors own 63.69% of the company’s stock.

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.