Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 8,410 shares, an increase of 532.3% from the August 31st total of 1,330 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 219,638 shares, the short-interest ratio is currently 0.0 days.
Gores Holdings XI Stock Performance
GHXI stock traded up $0.13 during mid-day trading on Friday, reaching $10.13. 150,415 shares of the stock traded hands, compared to its average volume of 122,892. Gores Holdings XI has a 52 week low of $9.94 and a 52 week high of $10.88.
About Gores Holdings XI
Gores Holdings XI, Inc is a special purpose acquisition company (SPAC) formed to identify and combine with one or more operating businesses. Unlike an operating company, it does not currently provide products or services directly to customers.
The company’s primary activity is evaluating potential business-combination opportunities, which may include a merger, stock purchase, asset acquisition, reorganization or similar transaction. The target may operate in any industry or geographic region, subject to the requirements described in the company’s public filings.
Gores Holdings XI is affiliated with The Gores Group, an investment firm founded by Alec Gores.
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