Global Partner Acquisition Corp II (NASDAQ:GPAC) Short Interest Down 96.0% in August

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.

Global Partner Acquisition Corp II Stock Performance

Shares of GPAC stock remained flat at $10.05 during mid-day trading on Wednesday. The stock had a trading volume of 9 shares, compared to its average volume of 79,231. The business 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 has a 12-month low of $9.86 and a 12-month high of $10.05.

Analyst Upgrades and Downgrades

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

About Global Partner Acquisition Corp II

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.