Global Partner Acquisition Corp II (NASDAQ:GPACW – Get Free Report) was the target of a significant growth in short interest in 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 daily volume of 2,840 shares, the days-to-cover ratio is currently 4.0 days.
Global Partner Acquisition Corp II Trading Up 15.6%
Shares of NASDAQ GPACW traded up $0.03 during trading hours on Thursday, hitting $0.22. 50,786 shares of the stock were exchanged, compared to its average volume of 28,168. The firm has a fifty day moving average price of $0.22 and a 200-day moving average price of $0.25. Global Partner Acquisition Corp II has a 12 month low of $0.11 and a 12 month high of $0.34.
About Global Partner Acquisition Corp II
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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