Short Interest in GigInternational1, Inc. (NASDAQ:GIW) Drops By 84.4%

Posted by Tristan Rich on Jun 26th, 2026

GigInternational1, Inc. (NASDAQ:GIW – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 948 shares, a decrease of 84.4% from the May 31st total of 6,082 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 11,744 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP purchased a new position in shares of GigInternational1 during the 4th quarter worth $47,000. Geode Capital Management LLC purchased a new stake in shares of GigInternational1 in the 4th quarter worth $193,000. Lineage Point Capital LP bought a new position in GigInternational1 in the 4th quarter worth $346,000. Stoic Point Capital Management LLC bought a new position in GigInternational1 in the 4th quarter worth $391,000. Finally, ABC Arbitrage SA purchased a new position in GigInternational1 during the fourth quarter valued at $396,000. Hedge funds and other institutional investors own 14.01% of the company’s stock.

GigInternational1 Stock Up 0.1%

NASDAQ GIW opened at $10.08 on Friday. The company has a 50-day moving average price of $10.04 and a 200-day moving average price of $9.98. GigInternational1 has a 52 week low of $9.87 and a 52 week high of $10.10.

GigInternational1 (NASDAQ:GIW – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.05 earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised GigInternational1 from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

View Our Latest Research Report on GIW

GigInternational1 Company Profile

(Get Free Report)

GigInternational1, Inc, does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus its search on companies in the technology, media, telecommunications, aerospace and defense, and mobility and semiconductor industries. The company was incorporated in 2021 and is based in Palo Alto, California.