Gesher Acquisition Corp. II (NASDAQ:GSHRW – Get Free Report) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 42,583 shares, a growth of 66.3% from the May 14th total of 25,601 shares. Based on an average daily volume of 5,711 shares, the short-interest ratio is currently 7.5 days.
Gesher Acquisition Corp. II Stock Performance
GSHRW traded up $0.02 on Tuesday, reaching $0.26. 500 shares of the stock were exchanged, compared to its average volume of 12,613. The firm’s 50-day moving average is $0.24. Gesher Acquisition Corp. II has a fifty-two week low of $0.20 and a fifty-two week high of $0.67.
Gesher Acquisition Corp. II Company Profile
Gesher Acquisition Corp. II is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to identify, negotiate and complete a business combination with one or more operating businesses. As a SPAC, its principal business activity is to raise capital through public markets and use those funds to acquire or merge with a private company, providing a pathway for that company to become publicly listed.
The company’s publicly traded securities include warrants listed on the Nasdaq under the symbol GSHRW.
Featured Stories
- Five stocks we like better than Gesher Acquisition Corp. II
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Gesher Acquisition Corp. II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gesher Acquisition Corp. II and related companies with MarketBeat.com's FREE daily email newsletter.
