GCM Grosvenor Inc. (NASDAQ:GCMGW) Sees Significant Decline in Short Interest

GCM Grosvenor Inc. (NASDAQ:GCMGW) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 89.3% from the October 31st total of 2,800 shares. Based on an average daily volume of 48,600 shares, the short-interest ratio is currently 0.0 days.

GCM Grosvenor Price Performance

GCM Grosvenor stock traded up $0.14 during midday trading on Friday, hitting $1.40. The company’s stock had a trading volume of 1,407 shares, compared to its average volume of 41,469. The stock’s 50-day moving average price is $1.00 and its 200-day moving average price is $0.79. GCM Grosvenor has a 12 month low of $0.22 and a 12 month high of $1.40.

GCM Grosvenor Company Profile

GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.