Global Partner Acquisition Corp II (NASDAQ:GPAC) Stock Short Interest Report for October

Global Partner Acquisition Corp II (NASDAQ:GPAC) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 39,238 shares, a growth of 621.8% from the October 15th total of 5,436 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 66,540 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Global Partner Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Global Partner Acquisition Corp II has a consensus rating of “Sell”.

Global Partner Acquisition Corp II Price Performance

NASDAQ:GPAC opened at $10.12 on Friday. The stock’s 50-day simple moving average is $10.10 and its 200 day simple moving average is $10.00. Global Partner Acquisition Corp II has a twelve month low of $9.86 and a twelve month high of $10.23.

About Global Partner Acquisition Corp II

Global Partner Acquisition Corp II (NASDAQ: GPAC) was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, capital stock exchange, asset acquisition, or similar transaction. As a blank-check company, it did not have significant business operations, products, or services of its own before completing a business combination. The company entered into a business combination agreement with Stardust Power Inc., a developer of battery-grade lithium refining capacity in the United States.