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

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

GSR IV Acquisition Trading Up 0.4%

Shares of GSRFU stock opened at $10.65 on Friday. The stock has a 50 day simple moving average of $10.46 and a two-hundred day simple moving average of $10.39. GSR IV Acquisition has a fifty-two week low of $10.01 and a fifty-two week high of $11.55.

Institutional Trading of GSR IV Acquisition

Several large investors have recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new stake in shares of GSR IV Acquisition in the 3rd quarter valued at $167,000. Readystate Asset Management LP boosted its stake in GSR IV Acquisition by 847.7% during the fourth quarter. Readystate Asset Management LP now owns 94,774 shares of the company’s stock worth $976,000 after acquiring an additional 84,774 shares in the last quarter. Cable Car Capital LP acquired a new stake in GSR IV Acquisition in the third quarter worth $1,267,000. Schonfeld Strategic Advisors LLC acquired a new stake in GSR IV Acquisition in the third quarter worth $1,318,000. Finally, Boothbay Fund Management LLC bought a new stake in GSR IV Acquisition in the third quarter valued at $2,027,000.

About GSR IV Acquisition

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.