GCM Grosvenor Inc. (NASDAQ:GCMGW) Sees Large Drop in Short Interest

GCM Grosvenor Inc. (NASDAQ:GCMGW) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 3,800 shares, a decrease of 20.8% from the December 15th total of 4,800 shares. Based on an average daily volume of 66,700 shares, the short-interest ratio is presently 0.1 days.

GCM Grosvenor Stock Performance

Shares of GCMGW traded down $0.07 during midday trading on Thursday, hitting $1.57. The stock had a trading volume of 86,728 shares, compared to its average volume of 47,663. The company has a 50 day simple moving average of $1.22 and a two-hundred day simple moving average of $0.98. GCM Grosvenor has a twelve month low of $0.22 and a twelve month high of $1.66.

About GCM Grosvenor

GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.