White Pearl Acquisition Corp. (NYSE:WPAC – Get Free Report) was the recipient of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 371 shares, a drop of 84.1% from the June 15th total of 2,335 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 13,015 shares, the short-interest ratio is currently 0.0 days.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on shares of White Pearl Acquisition in a research report on Monday, June 1st. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
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White Pearl Acquisition Stock Up 0.6%
White Pearl Acquisition Company Profile
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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