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Gores Holdings IX (NASDAQ:GHIX) Stock Price Up 0.1%

Posted on by Vaseline

Gores Holdings IX, Inc. (NASDAQ:GHIX – Get Free Report) was up 0.1% in midday trading on Friday. The stock had traded at $10.62 and was last traded at $10.62. About 533 shares were traded during the trading, a decline of 95% from its average daily volume of 10,423 shares. The stock previously closed at $10.61.

Gores Holdings IX trades up 0.1%

The company’s 50-day moving average is $10.61 and its 200-day moving average is $10.58.

Institutional trading of Gores Holdings IX

Several institutional investors and hedge funds have recently added to or reduced their stakes in GHIX. Wolverine Asset Management LLC acquired a new position in shares of Gores Holdings IX in the fourth quarter worth $3,612,000. Kim LLC increased its stake in shares of Gores Holdings IX by 78.3% in the fourth quarter. Kim LLC now owns 1,294,988 shares of the company’s stock worth $13,597,000 after purchasing an additional 568,888 shares in the last quarter. Verition Fund Management LLC increased its stake in shares of Gores Holdings IX by 99.8% in the fourth quarter. Verition Fund Management LLC now owns 500,616 shares of the company’s stock worth $5,256,000 after purchasing an additional 250,000 shares in the last quarter. PenderFund Capital Management Ltd. acquired a new position in shares of Gores Holdings IX in the fourth quarter worth $271,000. Finally, K2 Principal Fund LP acquired a new position in shares of Gores Holdings IX in the fourth quarter worth $2,625,000. 75.13% of the shares are held by institutional investors.

Gores Holdings IX Company Profile

(Get free report)

Gores Holdings IX, Inc. has no significant operations. It is not planning to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2021 and is based in Boulder, Colorado.

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