Goldenstone Acquisition Limited (NASDAQ:GDSTR) Sees Large Decline in Short Interest

Goldenstone Acquisition Limited (NASDAQ:GDSTR) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 20,700 shares, a decline of 5.9% from the October 15th total of 22,000 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 14.8 days.

Goldenstone Acquisition Stock Performance

NASDAQ:GDSTR opened at $0.22 on Wednesday. The stock’s 50-day moving average is $0.21 and its 200-day moving average is $0.19. Goldenstone Acquisition has a 1-year low of $0.02 and a 1-year high of $0.26.

Goldenstone Acquisition Company Profile

Goldenstone Acquisition Limited does not have significant operations. It focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Flushing, New York.