Global Partner Acquisition Corp II (NASDAQ:GPACU) Share Price Passes Below 50 Day Moving Average of $9.86

Shares of Global Partner Acquisition Corp II (NASDAQ:GPACUGet Rating) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $9.86 and traded as low as $9.85. Global Partner Acquisition Corp II shares last traded at $9.90, with a volume of 1,103 shares traded.

Global Partner Acquisition Corp II Stock Up 0.1 %

The business’s fifty day moving average is $9.86 and its 200 day moving average is $9.85.

Institutional Trading of Global Partner Acquisition Corp II

A number of hedge funds and other institutional investors have recently made changes to their positions in GPACU. Sandia Investment Management LP purchased a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $2,141,000. Parallax Volatility Advisers L.P. purchased a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $1,862,000. Ancora Advisors LLC increased its position in shares of Global Partner Acquisition Corp II by 487.5% in the first quarter. Ancora Advisors LLC now owns 27,600 shares of the company’s stock worth $272,000 after acquiring an additional 22,902 shares in the last quarter. Robinson Capital Management LLC purchased a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $197,000. Finally, Royal Bank of Canada increased its position in shares of Global Partner Acquisition Corp II by 3.4% in the first quarter. Royal Bank of Canada now owns 75,531 shares of the company’s stock worth $742,000 after acquiring an additional 2,500 shares in the last quarter.

Global Partner Acquisition Corp II Company Profile

(Get Rating)

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. Global Partner Acquisition Corp II was incorporated in 2020 and is based in Rye Brook, New York.

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