Golden Star Acquisition Co. (NASDAQ:GODN) Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC decreased its stake in Golden Star Acquisition Co. (NASDAQ:GODN) by 82.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,652 shares of the company’s stock after selling 108,167 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Golden Star Acquisition were worth $247,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of GODN. Clear Street LLC boosted its stake in shares of Golden Star Acquisition by 4,920.7% in the second quarter. Clear Street LLC now owns 73,453 shares of the company’s stock worth $794,000 after acquiring an additional 71,990 shares during the last quarter. K2 Principal Fund L.P. raised its stake in Golden Star Acquisition by 7.2% in the 2nd quarter. K2 Principal Fund L.P. now owns 106,740 shares of the company’s stock valued at $1,151,000 after purchasing an additional 7,195 shares during the last quarter. Finally, Westchester Capital Management LLC purchased a new position in Golden Star Acquisition in the 3rd quarter valued at $1,090,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Golden Star Acquisition Price Performance

Golden Star Acquisition stock opened at $11.22 on Friday. The company has a fifty day simple moving average of $11.16 and a 200-day simple moving average of $10.96. Golden Star Acquisition Co. has a 52-week low of $8.80 and a 52-week high of $12.90.

Golden Star Acquisition Profile

Golden Star Acquisition Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Golden Star Acquisition Corporation was incorporated in 2021 and is based in New York, New York.