Gesher Acquisition Corp. II (NASDAQ:GSHR) Short Interest Update

Gesher Acquisition Corp. II (NASDAQ:GSHR) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 307 shares, a drop of 44.7% from the April 30th total of 555 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,032 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Gesher Acquisition Corp. II

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Sona Asset Management US LLC bought a new stake in shares of Gesher Acquisition Corp. II during the first quarter worth about $1,810,000. Virtu Financial LLC bought a new stake in shares of Gesher Acquisition Corp. II during the fourth quarter worth about $156,000. Meteora Capital LLC bought a new stake in shares of Gesher Acquisition Corp. II during the fourth quarter worth about $437,000. Radcliffe Capital Management L.P. grew its holdings in shares of Gesher Acquisition Corp. II by 34.6% during the fourth quarter. Radcliffe Capital Management L.P. now owns 227,045 shares of the company’s stock worth $2,331,000 after purchasing an additional 58,339 shares during the last quarter. Finally, Glazer Capital LLC grew its holdings in shares of Gesher Acquisition Corp. II by 12.2% during the fourth quarter. Glazer Capital LLC now owns 224,254 shares of the company’s stock worth $2,302,000 after purchasing an additional 24,299 shares during the last quarter.

Gesher Acquisition Corp. II Stock Up 0.1%

NASDAQ:GSHR traded up $0.01 during trading hours on Tuesday, hitting $10.42. The business has a fifty day simple moving average of $10.37. Gesher Acquisition Corp. II has a one year low of $9.51 and a one year high of $11.20.

Gesher Acquisition Corp. II (NASDAQ:GSHR) last released its quarterly earnings data on Friday, March 27th. The company reported $0.04 earnings per share for the quarter.

About Gesher Acquisition Corp. II

Gesher Acquisition Corp. II (NASDAQ: GSHR) is a special purpose acquisition company (SPAC) listed on the Nasdaq Stock Market. As a blank‑check vehicle, the company’s principal business activity is to identify, negotiate and complete a business combination with one or more operating businesses. Like other SPACs, it was created to use public capital markets as a mechanism to bring a private target company public via a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination.

Gesher Acquisition Corp.