Global Partner Acquisition Corp II (NASDAQ:GPAC) Short Interest Update

Global Partner Acquisition Corp II (NASDAQ:GPAC) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 16,980 shares, an increase of 1,155.9% from the July 15th total of 1,352 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 225,562 shares, the short-interest ratio is presently 0.1 days.

Global Partner Acquisition Corp II Stock Performance

Shares of NASDAQ:GPAC remained flat at $10.02 during trading on Tuesday. The stock had a trading volume of 9 shares, compared to its average volume of 80,888. The firm’s fifty day moving average price is $10.00 and its two-hundred day moving average price is $9.95. Global Partner Acquisition Corp II has a 1-year low of $9.86 and a 1-year high of $10.03.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Global Partner Acquisition Corp II from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About Global Partner Acquisition Corp II

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Rye Brook, New York.