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Rivernorth Capital Management LLC Acquires Shares of 599,512 GigInternational1, Inc. $GIW
Rivernorth Capital Management LLC has acquired 599,512 shares of GigInternational1, Inc. (NASDAQ:GIW), valued at approximately $5.977 million, giving it a 2.21% stake. Other institutional investors have also established new positions in GIW, bringing total institutional ownership to 14.01%. Despite this activity, the company currently holds a consensus "Sell" rating from analysts.
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