Gesher Acquisition Corp. II (NASDAQ:GSHR) Short Interest Update

Gesher Acquisition Corp. II (NASDAQ:GSHR) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 307 shares, a decrease of 44.7% from the April 30th total of 555 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,032 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Gesher Acquisition Corp. II in the fourth quarter valued at about $4,107,000. Sona Asset Management US LLC acquired a new stake in Gesher Acquisition Corp. II in the first quarter valued at about $1,810,000. Radcliffe Capital Management L.P. boosted its stake in Gesher Acquisition Corp. II by 34.6% in the fourth quarter. Radcliffe Capital Management L.P. now owns 227,045 shares of the company’s stock valued at $2,331,000 after buying an additional 58,339 shares in the last quarter. Meteora Capital LLC acquired a new stake in Gesher Acquisition Corp. II in the fourth quarter valued at about $437,000. Finally, Glazer Capital LLC boosted its stake in Gesher Acquisition Corp. II by 12.2% in the fourth quarter. Glazer Capital LLC now owns 224,254 shares of the company’s stock valued at $2,302,000 after buying an additional 24,299 shares in the last quarter.

Gesher Acquisition Corp. II Price Performance

Shares of GSHR traded up $0.01 during trading hours on Tuesday, hitting $10.42. Gesher Acquisition Corp. II has a 1 year low of $9.51 and a 1 year high of $11.20. The company has a 50 day simple moving average of $10.37.

Gesher Acquisition Corp. II (NASDAQ:GSHR) last released its earnings results on Friday, March 27th. The company reported $0.04 earnings per share (EPS) for the quarter.

Gesher Acquisition Corp. II Company Profile

Gesher Acquisition Corp. II (NASDAQ: GSHR) is a special purpose acquisition company (SPAC) listed on the Nasdaq Stock Market. As a blank‑check vehicle, the company’s principal business activity is to identify, negotiate and complete a business combination with one or more operating businesses. Like other SPACs, it was created to use public capital markets as a mechanism to bring a private target company public via a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination.

Gesher Acquisition Corp.