Gores Holdings VII, Inc. (NASDAQ:GSEVU) Sees Significant Decrease in Short Interest

Gores Holdings VII, Inc. (NASDAQ:GSEVU) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,800 shares, a decrease of 37.7% from the August 15th total of 6,100 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 62,300 shares, the days-to-cover ratio is presently 0.1 days.

Institutional investors and hedge funds have recently made changes to their positions in the business. First Pacific Advisors LP purchased a new stake in Gores Holdings VII in the second quarter worth about $29,000. Barometer Capital Management Inc. purchased a new stake in Gores Holdings VII in the first quarter worth about $50,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Gores Holdings VII in the first quarter worth approximately $100,000. Laurion Capital Management LP bought a new position in shares of Gores Holdings VII in the first quarter worth approximately $100,000. Finally, Context Capital Management LLC bought a new position in shares of Gores Holdings VII in the first quarter worth approximately $100,000.

GSEVU stock traded up $0.01 on Monday, reaching $9.98. The company’s stock had a trading volume of 691 shares, compared to its average volume of 137,839. The business has a fifty day simple moving average of $10.00 and a two-hundred day simple moving average of $10.04. Gores Holdings VII has a 12-month low of $9.68 and a 12-month high of $10.88.

Gores Holdings VII Company Profile

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