Gores Holdings XI, Inc. (NASDAQ:GHXI – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 845 shares, a decline of 90.0% from the September 15th total of 8,410 shares. Based on an average trading volume of 37,484 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.
Gores Holdings XI Trading Up 0.8%
NASDAQ GHXI opened at $10.06 on Friday. Gores Holdings XI has a twelve month low of $9.94 and a twelve month high of $10.88. The company has a 50-day simple moving average of $10.04.
About Gores Holdings XI
Gores Holdings XI, Inc is a special purpose acquisition company, or SPAC, formed by affiliates of The Gores Group. Its shares trade on the Nasdaq under the symbol GHXI.
The company was established to identify and complete a business combination with one or more operating businesses. Potential transactions may include a merger, stock purchase, asset acquisition, reorganization or similar corporate combination. As a SPAC, Gores Holdings XI does not itself manufacture products, provide services or operate a customer-facing business before completing such a transaction.
The company’s activities have primarily involved raising capital, evaluating potential acquisition targets and seeking shareholder approval for a proposed transaction.
Further Reading
- Five stocks we like better than Gores Holdings XI
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
- Is Synopsys Back from the Dead? EDA Leader Inks Deals With Amazon and OpenAI
- MarketBeat Week in Review – 10/05 – 10/09
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
Receive News & Ratings for Gores Holdings XI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gores Holdings XI and related companies with MarketBeat.com's FREE daily email newsletter.
