GigCapital2, Inc. (NASDAQ:GIX) Shares Shorted: Short Interest Up 111.1% in September

Posted by Brian Himes on Sep 30th, 2026

GigCapital2, Inc. (NASDAQ:GIX – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 6,549 shares, an increase of 111.1% from the August 31st total of 3,102 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 13,334 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GigCapital2 stock. Lineage Point Capital LP bought a new position in GigCapital2, Inc. (NASDAQ:GIX – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 148,777 shares of the company’s stock, valued at approximately $1,540,000. Lineage Point Capital LP owned about 0.75% of GigCapital2 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 43.42% of the company’s stock.

GigCapital2 Price Performance

GIX stock opened at $10.01 on Wednesday. The stock’s 50 day moving average is $9.98. GigCapital2 has a twelve month low of $9.80 and a twelve month high of $10.04.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of GigCapital2 in a report on Tuesday, August 11th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, GigCapital2 has a consensus rating of “Sell”.

Read Our Latest Stock Analysis on GIX

GigCapital2 Company Profile

(Get Free Report)

GigCapital2, Inc was a special purpose acquisition company (SPAC) formed to identify and combine with a business in the technology, media and telecommunications sectors. Unlike an operating company, GigCapital2 did not develop or sell its own products or services before completing a business combination. Its activities centered on raising capital through an initial public offering, evaluating potential acquisition targets and negotiating a merger.

GigCapital2 completed its business combination with UpHealth Holdings, Inc and Cloudbreak Health, LLC in 2021.