Deutsche Bank AG Cuts Position in Gores Holdings VIII, Inc. (NASDAQ:GIIX)

Deutsche Bank AG lessened its position in shares of Gores Holdings VIII, Inc. (NASDAQ:GIIX) by 1.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 530,900 shares of the company’s stock after selling 5,386 shares during the quarter. Deutsche Bank AG’s holdings in Gores Holdings VIII were worth $5,229,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GIIX. Berkley W R Corp purchased a new position in shares of Gores Holdings VIII in the 2nd quarter worth approximately $97,000. Exos Asset Management LLC purchased a new position in shares of Gores Holdings VIII in the 3rd quarter worth approximately $98,000. Glazer Capital LLC purchased a new position in shares of Gores Holdings VIII in the 2nd quarter worth approximately $226,000. Credit Suisse AG purchased a new position in shares of Gores Holdings VIII in the 2nd quarter worth approximately $347,000. Finally, Bloom Tree Partners LLC purchased a new position in shares of Gores Holdings VIII in the 2nd quarter worth approximately $487,000. Institutional investors and hedge funds own 59.73% of the company’s stock.

Shares of Gores Holdings VIII stock opened at $10.04 on Friday. The stock has a 50 day moving average price of $10.05 and a 200-day moving average price of $9.91. Gores Holdings VIII, Inc. has a one year low of $8.88 and a one year high of $10.40.

About Gores Holdings VIII

Gores Holdings VIII, Inc focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Boulder, Colorado.

Further Reading: Trading Halts Explained

Want to see what other hedge funds are holding GIIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gores Holdings VIII, Inc. (NASDAQ:GIIX).

Institutional Ownership by Quarter for Gores Holdings VIII (NASDAQ:GIIX)

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