White Pearl Acquisition Corp. (NYSE:WPAC – Get Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 371 shares, a decrease of 84.1% from the June 15th total of 2,335 shares. Based on an average daily trading volume, of 13,015 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.
White Pearl Acquisition Stock Up 0.2%
Shares of WPAC traded up $0.02 during midday trading on Friday, reaching $10.03. 15,006 shares of the stock were exchanged, compared to its average volume of 44,220. White Pearl Acquisition has a 12-month low of $9.82 and a 12-month high of $11.89.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on shares of White Pearl Acquisition in a report on Monday, June 1st. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.
About White Pearl Acquisition
White Pearl Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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