White Pearl Acquisition Corp. (NYSE:WPAC) Sees Large Drop in Short Interest

White Pearl Acquisition Corp. (NYSE:WPACGet Free Report) saw a significant decline in short interest in June. As of June 30th, there was short interest totaling 371 shares, a decline of 84.1% from the June 15th total of 2,335 shares. Based on an average trading volume of 13,015 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

White Pearl Acquisition Price Performance

Shares of WPAC stock traded up $0.06 during trading hours on Monday, hitting $10.08. 15,006 shares of the company’s 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 initiated coverage on White Pearl Acquisition in a research report on Monday, June 1st. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.

Get Our Latest Analysis on WPAC

White Pearl Acquisition Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for White Pearl Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for White Pearl Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.