GSR V Acquisition Corp. (NASDAQ:GSRV) Stock Short Interest Report for September

GSR V Acquisition Corp. (NASDAQ:GSRV) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 2,669 shares, a decrease of 40.1% from the September 15th total of 4,456 shares. Based on an average daily trading volume, of 43,265 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of GSR V Acquisition in a research note on Friday, September 25th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, GSR V Acquisition has a consensus rating of “Sell”.

GSR V Acquisition Price Performance

GSRV traded down $0.01 during trading on Friday, reaching $9.93. 7,935 shares of the company’s stock were exchanged, compared to its average volume of 109,109. GSR V Acquisition has a one year low of $9.84 and a one year high of $9.97. The stock has a fifty day moving average price of $9.89.

About GSR V Acquisition

GSR V Acquisition Corp. is a blank-check company, also known as a special purpose acquisition company (SPAC). It was formed to pursue a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.

Unlike an operating company, GSR V Acquisition does not have an established portfolio of products or services and does not conduct material commercial activities of its own. Its principal business activity is identifying and evaluating potential acquisition targets and completing a qualifying transaction.

Publicly available information about the company’s specific investment focus, geographic markets and operating leadership is limited.