Global Partner Acquisition Corp II (NASDAQ:GPACW – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,271 shares, a decline of 38.4% from the September 30th total of 5,313 shares. Based on an average daily trading volume, of 2,484 shares, the days-to-cover ratio is presently 1.3 days.
Global Partner Acquisition Corp II Stock Up 5.3%
NASDAQ GPACW traded up $0.01 during mid-day trading on Monday, reaching $0.20. 8,309 shares of the stock were exchanged, compared to its average volume of 28,218. Global Partner Acquisition Corp II has a 1-year low of $0.11 and a 1-year high of $0.34. The business’s fifty day simple moving average is $0.23 and its 200 day simple moving average is $0.25.
About Global Partner Acquisition Corp II
Global Partner Acquisition Corp II was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Before completing such a transaction, the company did not conduct significant commercial operations, sell products, or provide services of its own.
Global Partner Acquisition Corp II ultimately combined with NewGenIvf Group Limited, a fertility-services company serving patients in Southeast Asia. NewGenIvf operates fertility clinics and provides assisted reproductive services, including in vitro fertilization and related treatment and support services.
The transaction resulted in NewGenIvf Group Limited becoming the combined public company.
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