GP-Act III Acquisition Corp. (NASDAQ:GPATW) Short Interest Update

GP-Act III Acquisition Corp. (NASDAQ:GPATW) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,677 shares, a decrease of 45.1% from the January 29th total of 4,879 shares. Based on an average daily trading volume, of 46,154 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 46,154 shares, the short-interest ratio is currently 0.1 days.

GP-Act III Acquisition Trading Up 23.1%

GPATW stock traded up $0.06 during mid-day trading on Monday, hitting $0.32. 19,615 shares of the company were exchanged, compared to its average volume of 33,620. GP-Act III Acquisition has a 1-year low of $0.14 and a 1-year high of $0.44. The business has a 50 day simple moving average of $0.25 and a 200-day simple moving average of $0.28.

About GP-Act III Acquisition

GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp. in November 2020. GP-Act III Acquisition Corp. was incorporated in 2020 and is based in New York, New York.