General Catalyst Global Resilience Merger Corp. Units (NASDAQ:GCGRU) Short Interest Down 55.5% in June

General Catalyst Global Resilience Merger Corp. Units (NASDAQ:GCGRU) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 13,422 shares, a drop of 55.5% from the June 15th total of 30,165 shares. Based on an average daily trading volume, of 5,802 shares, the short-interest ratio is presently 2.3 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised General Catalyst Global Resilience Merger Corp. Units to a “hold” rating in a research note on Saturday, May 9th.

General Catalyst Global Resilience Merger Corp. Units Price Performance

NASDAQ GCGRU remained flat at $10.49 during mid-day trading on Wednesday. The company has a 50 day simple moving average of $10.25. General Catalyst Global Resilience Merger Corp. Units has a fifty-two week low of $10.03 and a fifty-two week high of $10.68.