GSR V Acquisition Corp. (NASDAQ:GSRVU) Sees Significant Decrease in Short Interest

GSR V Acquisition Corp. (NASDAQ:GSRVUGet Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 522 shares, a decline of 36.5% from the June 15th total of 822 shares. Based on an average daily volume of 6,771 shares, the days-to-cover ratio is currently 0.1 days.

GSR V Acquisition Price Performance

NASDAQ:GSRVU traded down $0.60 during mid-day trading on Friday, hitting $10.52. The company had a trading volume of 435 shares, compared to its average volume of 107,925. The business has a fifty day simple moving average of $10.05. GSR V Acquisition has a 1 year low of $9.99 and a 1 year high of $11.96.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of GSR V Acquisition to a “hold” rating in a research report on Saturday, May 23rd.

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