Short Interest in Global Partner Acquisition Corp II (NASDAQ:GPAC) Grows By 1,155.9%

Global Partner Acquisition Corp II (NASDAQ:GPAC) was the recipient of a large growth in short interest in 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 trading volume of 225,562 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

Global Partner Acquisition Corp II Price Performance

NASDAQ GPAC opened at $10.02 on Wednesday. The business’s 50-day moving average price is $10.00 and its 200 day moving average price is $9.95. Global Partner Acquisition Corp II has a 52-week low of $9.86 and a 52-week 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.