Global Partner Acquisition Corp II (NASDAQ:GPAC) Sees Significant Decrease in Short Interest

Global Partner Acquisition Corp II (NASDAQ:GPAC) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 687 shares, a decline of 96.0% from the July 30th total of 16,980 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 521 shares, the short-interest ratio is currently 1.3 days.

Analyst Ratings Changes

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

Global Partner Acquisition Corp II Stock Performance

Shares of NASDAQ GPAC remained flat at $10.05 during trading hours on Tuesday. The company had a trading volume of 6 shares, compared to its average volume of 79,231. Global Partner Acquisition Corp II has a twelve month low of $9.86 and a twelve month high of $10.05. The stock has a fifty day moving average price of $10.01 and a two-hundred day moving average price of $9.96.

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.