GigInternational1 Inc (NASDAQ:GIW) Short Interest Update

GigInternational1 Inc (NASDAQ:GIW) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 18,000 shares, an increase of 168.7% from the September 15th total of 6,700 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 53,900 shares, the days-to-cover ratio is currently 0.3 days.

Shares of NASDAQ:GIW opened at $9.88 on Thursday. GigInternational1 has a 52 week low of $9.61 and a 52 week high of $10.10. The company has a 50 day moving average price of $9.84.

About GigInternational1

GigInternational1 Inc is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. GigInternational1 Inc is based in Palo Alto, California.

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