Short Interest in Global Partner Acquisition Corp II (NASDAQ:GPAC) Expands By 1,155.9%

Global Partner Acquisition Corp II (NASDAQ:GPAC) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 16,980 shares, an increase of 1,155.9% from the July 15th total of 1,352 shares. Based on an average trading volume of 225,562 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the shares of the company are short sold.

Global Partner Acquisition Corp II Price Performance

GPAC stock remained flat at $10.02 on Tuesday. The company had a trading volume of 9 shares, compared to its average volume of 80,888. The company has a fifty day moving average of $10.00 and a two-hundred day moving average of $9.95. Global Partner Acquisition Corp II has a 52-week low of $9.86 and a 52-week high of $10.03.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of Global Partner Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Global Partner Acquisition Corp II Company Profile

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Rye Brook, New York.