Golden Falcon Acquisition Corp. (NYSE:GFX – Get Rating) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,100 shares, a drop of 66.1% from the March 31st total of 6,200 shares. Based on an average daily volume of 80,700 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.
Several institutional investors and hedge funds have recently modified their holdings of GFX. D. E. Shaw & Co. Inc. boosted its position in shares of Golden Falcon Acquisition by 122.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,502,402 shares of the company’s stock valued at $14,693,000 after acquiring an additional 827,628 shares during the last quarter. Dark Forest Capital Management LP bought a new stake in shares of Golden Falcon Acquisition during the 3rd quarter valued at about $4,288,000. Bank of Montreal Can bought a new stake in shares of Golden Falcon Acquisition during the 4th quarter valued at about $735,000. Berkley W R Corp boosted its position in shares of Golden Falcon Acquisition by 99.5% during the 3rd quarter. Berkley W R Corp now owns 99,149 shares of the company’s stock valued at $967,000 after acquiring an additional 49,455 shares during the last quarter. Finally, GAM Holding AG bought a new stake in shares of Golden Falcon Acquisition during the 4th quarter valued at about $254,000. Hedge funds and other institutional investors own 64.58% of the company’s stock.
NYSE GFX traded down $0.01 during trading hours on Friday, hitting $9.84. The company had a trading volume of 29,894 shares, compared to its average volume of 23,268. Golden Falcon Acquisition has a 52 week low of $9.56 and a 52 week high of $9.88. The firm has a 50 day simple moving average of $9.81 and a 200 day simple moving average of $9.79.
Golden Falcon Acquisition Corp. does not have significant operations. It focuses effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. The company was incorporated in 2020 and is based in Newark, Delaware.
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