Short Interest in White Pearl Acquisition Corp. (NYSE:WPAC) Drops By 45.2%

White Pearl Acquisition Corp. (NYSE:WPAC) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 2,335 shares, a decline of 45.2% from the May 31st total of 4,263 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,073 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of White Pearl Acquisition in a report on Monday, June 1st. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, White Pearl Acquisition currently has an average rating of “Sell”.

White Pearl Acquisition Trading Up 0.6%

Shares of WPAC opened at $10.07 on Friday. White Pearl Acquisition has a 52-week low of $9.82 and a 52-week high of $11.89.

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.