Gores Technology Partners II, Inc. (NASDAQ:GTPB) Short Interest Update

Gores Technology Partners II, Inc. (NASDAQ:GTPBGet Rating) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 30,900 shares, a growth of 29.8% from the April 15th total of 23,800 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 193,500 shares, the short-interest ratio is currently 0.2 days.

Institutional investors have recently added to or reduced their stakes in the business. Lynwood Capital Management Inc. acquired a new stake in Gores Technology Partners II during the 1st quarter worth approximately $98,000. Schonfeld Strategic Advisors LLC acquired a new stake in Gores Technology Partners II during the 4th quarter worth approximately $99,000. Geode Capital Management LLC acquired a new stake in Gores Technology Partners II during the 3rd quarter worth approximately $158,000. Evolution Capital Management LLC acquired a new stake in Gores Technology Partners II during the 4th quarter worth approximately $198,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Gores Technology Partners II during the 1st quarter worth approximately $391,000. Institutional investors own 63.30% of the company’s stock.

Gores Technology Partners II stock remained flat at $$9.76 during mid-day trading on Monday. Gores Technology Partners II has a 52 week low of $9.65 and a 52 week high of $10.15. The company’s fifty day simple moving average is $9.78 and its two-hundred day simple moving average is $9.80.

Gores Technology Partners II Company Profile (Get Rating)

Gores Technology Partners II, Inc, a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2020 and is based in Boulder, Colorado.

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