GP-Act III Acquisition Corp. (NASDAQ:GPATW) Short Interest Up 48.7% in December

GP-Act III Acquisition Corp. (NASDAQ:GPATW) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 4,452 shares, a growth of 48.7% from the December 15th total of 2,993 shares. Based on an average daily trading volume, of 1,844 shares, the days-to-cover ratio is presently 2.4 days. Based on an average daily trading volume, of 1,844 shares, the days-to-cover ratio is presently 2.4 days.

GP-Act III Acquisition Trading Down 0.0%

Shares of GPATW stock traded down $0.00 on Friday, hitting $0.27. The company had a trading volume of 2,560 shares, compared to its average volume of 2,833. GP-Act III Acquisition has a twelve month low of $0.11 and a twelve month high of $0.44. The stock’s 50-day moving average is $0.29 and its two-hundred day moving average is $0.29.

GP-Act III Acquisition Company Profile

GP-Act III Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as GP Investments Acquisition Corp. II and changed its name to GP-Act III Acquisition Corp. in November 2020. GP-Act III Acquisition Corp. was incorporated in 2020 and is based in New York, New York.