Golden Star Acquisition Co. (NASDAQ:GODN) Sees Significant Growth in Short Interest

Golden Star Acquisition Co. (NASDAQ:GODN) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 1,800 shares, an increase of 260.0% from the December 31st total of 500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 12,200 shares, the short-interest ratio is currently 0.1 days.

Golden Star Acquisition Trading Down 60.9 %

GODN stock traded down $5.19 during midday trading on Tuesday, reaching $3.34. 852,221 shares of the company’s stock traded hands, compared to its average volume of 23,028. Golden Star Acquisition has a fifty-two week low of $2.57 and a fifty-two week high of $17.49. The business has a 50-day moving average price of $10.88 and a two-hundred day moving average price of $10.94.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Golden Star Acquisition stock. Westchester Capital Management LLC acquired a new position in Golden Star Acquisition Co. (NASDAQ:GODN) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 100,000 shares of the company’s stock, valued at approximately $1,090,000. Westchester Capital Management LLC owned about 2.21% of Golden Star Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds 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.