Short Interest in White Pearl Acquisition Corp. (NYSE:WPAC) Declines By 74.4%

White Pearl Acquisition Corp. (NYSE:WPAC) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 4,263 shares, a decrease of 74.4% from the May 14th total of 16,620 shares. Based on an average trading volume of 5,760 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on White Pearl Acquisition in a research report on Monday, June 1st. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

White Pearl Acquisition Trading Up 1.4%

Shares of White Pearl Acquisition stock traded up $0.14 during trading on Thursday, hitting $10.15. The company’s stock had a trading volume of 3,190 shares, compared to its average volume of 51,830. White Pearl Acquisition has a 52 week low of $9.82 and a 52 week high of $10.98.

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.