GigCapital2, Inc. (NASDAQ:GIX – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 3,763 shares, an increase of 73.7% from the May 31st total of 2,166 shares. Based on an average daily volume of 72,880 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.
GigCapital2 Stock Performance
GigCapital2 stock opened at $9.94 on Friday. GigCapital2 has a 12-month low of $9.80 and a 12-month high of $9.95. The company’s fifty day moving average is $9.91.
Analyst Ratings Changes
Separately, Wall Street Zen raised GigCapital2 to a “hold” rating in a research note on Saturday, April 11th.
GigCapital2 Company Profile
GigCapital2, Inc is a blank check company. It intends to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is headquartered in Palo Alto, California.
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