Global Partner Acquisition Corp II (NASDAQ:GPAC – Get Free Report) saw a large growth in short interest during 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 company’s shares are short sold. Based on an average daily volume of 66,540 shares, the days-to-cover ratio is currently 0.6 days.
Global Partner Acquisition Corp II Price Performance
GPAC stock opened at $10.14 on Wednesday. The business’s fifty day moving average is $10.09 and its 200-day 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.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Global Partner Acquisition Corp II from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Get Our Latest Analysis on GPAC
Global Partner Acquisition Corp II Company Profile
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.
See Also
- Five stocks we like better than Global Partner Acquisition Corp II
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Global Partner Acquisition Corp II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Partner Acquisition Corp II and related companies with MarketBeat.com's FREE daily email newsletter.
