Short Interest in GCM Grosvenor Inc. (NASDAQ:GCMGW) Decreases By 9.7%

GCM Grosvenor Inc. (NASDAQ:GCMGW) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 2,800 shares, a drop of 9.7% from the October 15th total of 3,100 shares. Based on an average daily volume of 14,000 shares, the days-to-cover ratio is currently 0.2 days.

GCM Grosvenor Price Performance

Shares of NASDAQ GCMGW traded up $0.02 during trading hours on Tuesday, reaching $1.00. 101 shares of the stock were exchanged, compared to its average volume of 31,394. The stock’s fifty day simple moving average is $0.93 and its 200 day simple moving average is $0.75. GCM Grosvenor has a 52 week low of $0.22 and a 52 week high of $1.30.

GCM Grosvenor Company Profile

GCM Grosvenor Inc is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities.