GSR IV Acquisition Corp. (NASDAQ:GSRFU) Short Interest Update

GSR IV Acquisition Corp. (NASDAQ:GSRFU) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 100 shares, a decline of 80.3% from the June 30th total of 508 shares. Based on an average daily volume of 122 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On GSR IV Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Arbitrage LLC acquired a new position in shares of GSR IV Acquisition in the third quarter worth approximately $13,176,000. Polar Asset Management Partners Inc. acquired a new stake in GSR IV Acquisition during the 3rd quarter valued at approximately $12,162,000. First Trust Capital Management L.P. acquired a new stake in GSR IV Acquisition during the 3rd quarter valued at approximately $9,587,000. Meteora Capital LLC bought a new position in GSR IV Acquisition during the 3rd quarter worth approximately $9,545,000. Finally, Shaolin Capital Management LLC bought a new position in GSR IV Acquisition during the 3rd quarter worth approximately $9,122,000.

GSR IV Acquisition Stock Up 0.4%

Shares of NASDAQ:GSRFU opened at $10.65 on Friday. GSR IV Acquisition has a 12-month low of $10.01 and a 12-month high of $11.55. The business has a fifty day simple moving average of $10.46 and a 200 day simple moving average of $10.39.

GSR IV Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.