Gesher Acquisition Corp. II (NASDAQ:GSHR) Trading Down 0% – Here’s What Happened

Gesher Acquisition Corp. II (NASDAQ:GSHR)’s share price fell 0% during mid-day trading on Thursday . The company traded as low as $10.40 and last traded at $10.3950. 18,027 shares were traded during trading, an increase of 183% from the average session volume of 6,364 shares. The stock had previously closed at $10.40.

Gesher Acquisition Corp. II Stock Performance

The company has a 50-day moving average price of $10.37.

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

Institutional Investors Weigh In On Gesher Acquisition Corp. II

A number of hedge funds have recently made changes to their positions in GSHR. Virtu Financial LLC acquired a new stake in shares of Gesher Acquisition Corp. II during the 4th quarter worth about $156,000. Meteora Capital LLC bought a new stake in Gesher Acquisition Corp. II during the 4th quarter worth about $437,000. Sona Asset Management US LLC bought a new stake in Gesher Acquisition Corp. II during the 1st quarter worth about $1,810,000. Glazer Capital LLC grew its holdings in Gesher Acquisition Corp. II by 12.2% during the 4th quarter. Glazer Capital LLC now owns 224,254 shares of the company’s stock worth $2,302,000 after acquiring an additional 24,299 shares during the last quarter. Finally, Radcliffe Capital Management L.P. grew its holdings in Gesher Acquisition Corp. II by 34.6% during the 4th quarter. Radcliffe Capital Management L.P. now owns 227,045 shares of the company’s stock worth $2,331,000 after acquiring an additional 58,339 shares during the last quarter.

About Gesher Acquisition Corp. II

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.