Global Star Acquisition, Inc. (NASDAQ:GLSTW) Sees Significant Increase in Short Interest

Global Star Acquisition, Inc. (NASDAQ:GLSTWGet Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 208,900 shares, an increase of 20.5% from the April 30th total of 173,400 shares. Based on an average daily trading volume, of 18,900 shares, the short-interest ratio is currently 11.1 days.

Global Star Acquisition Stock Performance

NASDAQ:GLSTW opened at $0.03 on Friday. The firm has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.02. Global Star Acquisition has a 52 week low of $0.00 and a 52 week high of $0.04.

About Global Star Acquisition

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Global Star Acquisition, Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.

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