GSR V Acquisition Corp. (NASDAQ:GSRVU) Sees Significant Decrease in Short Interest

GSR V Acquisition Corp. (NASDAQ:GSRVUGet Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 522 shares, a decline of 36.5% from the June 15th total of 822 shares. Based on an average trading volume of 6,771 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded GSR V Acquisition to a “hold” rating in a report on Saturday, May 23rd.

Check Out Our Latest Analysis on GSR V Acquisition

GSR V Acquisition Stock Down 5.4%

NASDAQ:GSRVU traded down $0.60 during trading hours on Friday, reaching $10.52. 435 shares of the company were exchanged, compared to its average volume of 107,925. The company’s 50 day moving average is $10.05. GSR V Acquisition has a 52-week low of $9.99 and a 52-week high of $11.96.

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