Golden Star Acquisition Co. (NASDAQ:GODN) Short Interest Update

Golden Star Acquisition Co. (NASDAQ:GODN) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 1,800 shares, a growth of 260.0% from the December 15th total of 500 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,200 shares, the days-to-cover ratio is currently 0.1 days.

Golden Star Acquisition Price Performance

NASDAQ:GODN remained flat at $11.28 on Wednesday. 1,527 shares of the company’s stock were exchanged, compared to its average volume of 45,516. The stock’s fifty day simple moving average is $11.22 and its two-hundred day simple moving average is $11.04. Golden Star Acquisition has a 52-week low of $8.80 and a 52-week high of $12.90.

Hedge Funds Weigh In On Golden Star Acquisition

Institutional investors have recently bought and sold shares of the business. K2 Principal Fund L.P. lifted its position in Golden Star Acquisition by 7.2% during the 2nd quarter. K2 Principal Fund L.P. now owns 106,740 shares of the company’s stock worth $1,151,000 after buying an additional 7,195 shares in the last quarter. Clear Street LLC lifted its stake in shares of Golden Star Acquisition by 4,920.7% during the second quarter. Clear Street LLC now owns 73,453 shares of the company’s stock valued at $794,000 after acquiring an additional 71,990 shares during the period. Finally, Westchester Capital Management LLC bought a new position in Golden Star Acquisition in the third quarter valued at about $1,090,000. Institutional investors own 63.69% of the company’s stock.

About Golden Star Acquisition

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.