Global Partner Acquisition Corp II (NASDAQ:GPACW – Get Free Report) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 11,462 shares, a growth of 250.4% from the October 15th total of 3,271 shares. Based on an average trading volume of 2,840 shares, the short-interest ratio is presently 4.0 days.
Global Partner Acquisition Corp II Price Performance
Shares of Global Partner Acquisition Corp II stock traded up $0.03 on Thursday, reaching $0.22. The company had a trading volume of 50,786 shares, compared to its average volume of 28,168. The firm’s 50 day moving average price is $0.22 and its two-hundred day moving average price is $0.25. Global Partner Acquisition Corp II has a 52-week low of $0.11 and a 52-week high of $0.34.
Global Partner Acquisition Corp II Company Profile
Global Partner Acquisition Corp. II is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses. As a blank-check company, it does not have a significant operating business of its own and does not offer products or services to customers. Its activities center on identifying and evaluating potential acquisition targets and seeking to complete a transaction.
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