Short Interest in Global Partner Acquisition Corp II (NASDAQ:GPAC) Declines By 96.0%

Global Partner Acquisition Corp II (NASDAQ:GPAC) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 687 shares, a decline of 96.0% from the July 30th total of 16,980 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 521 shares, the short-interest ratio is presently 1.3 days.

Global Partner Acquisition Corp II Price Performance

GPAC remained flat at $10.05 during trading on Tuesday. 6 shares of the company traded hands, compared to its average volume of 79,231. Global Partner Acquisition Corp II has a 12-month low of $9.86 and a 12-month high of $10.05. The company has a 50 day simple moving average of $10.01 and a 200 day simple moving average of $9.96.

Wall Street Analyst Weigh In

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