Gesher Acquisition Corp. II (NASDAQ:GSHRW – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 19,713 shares, a decrease of 53.7% from the May 31st total of 42,583 shares. Based on an average daily trading volume, of 6,540 shares, the short-interest ratio is currently 3.0 days.
Gesher Acquisition Corp. II Trading Down 0.2%
Shares of GSHRW stock traded down $0.00 during trading hours on Wednesday, reaching $0.29. The stock had a trading volume of 10,600 shares, compared to its average volume of 11,520. The stock has a fifty day simple moving average of $0.24. Gesher Acquisition Corp. II has a 12 month low of $0.20 and a 12 month high of $0.67.
About Gesher Acquisition Corp. II
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.
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