GigCapital9 Corp. Units (NASDAQ:GIXXU) Sees Significant Decline in Short Interest

GigCapital9 Corp. Units (NASDAQ:GIXXUGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 182 shares, a drop of 78.1% from the July 15th total of 831 shares. Based on an average daily trading volume, of 366 shares, the days-to-cover ratio is currently 0.5 days.

GigCapital9 Corp. Units Stock Performance

Shares of GIXXU stock remained flat at $10.21 during mid-day trading on Thursday. GigCapital9 Corp. Units has a twelve month low of $9.04 and a twelve month high of $10.71. The company’s 50-day moving average price is $10.25.

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