Global Partner Acquisition Corp II (NASDAQ:GPAC) Short Interest Update

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

Wall Street Analyst Weigh In

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

Global Partner Acquisition Corp II Stock Performance

Shares of NASDAQ:GPAC opened at $10.02 on Thursday. The stock has a fifty day moving average of $10.00 and a 200-day moving average of $9.95. Global Partner Acquisition Corp II has a one year low of $9.86 and a one year high of $10.03.

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.