The trading price of GS Acquisition Holdings Corp II (NYSE:GSAH) floating higher at last check on Wednesday, Jan 13, closing at $12.17, 0.04% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $11.76 and $12.26. The company’s P/E ratio in the trailing 12-month period was 0, while its 5Y monthly beta was 0. In examining the 52-week price action we see that the stock hit a 52-week high of $12.97 and a 52-week low of $9.85. Over the past month, the stock has gained 14.81% in value.
An evaluation of the daily trading volume of GS Acquisition Holdings Corp II (NYSE:GSAH) indicates that the 3-month average is 728.16 Million. However, this figure has declined over the past 10 days to an average of 2.79 Million.
Currently, records show that 75Million of the company’s shares remain outstanding. According to Thomson Reuters data, insiders hold 0% of outstanding shares, whereas institutions hold 42.85%. The stats also highlight that short interest as of December 30, 2020, stood at 440.48 Million shares, resulting in a short ratio of 0.47 at that time. From this, we can conclude that short interest is 0.47% of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 62.14 Million. However, since the stock’s price has seen +11.65% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
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