Pearl Holdings Acquisition Corp (NASDAQ:PRLH) Short Interest Update

Pearl Holdings Acquisition Corp (NASDAQ:PRLHGet Free Report) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 200 shares, a decline of 75.0% from the January 31st total of 800 shares. Based on an average trading volume of 110,000 shares, the days-to-cover ratio is presently 0.0 days.

Pearl Holdings Acquisition Price Performance

NASDAQ:PRLH remained flat at $10.70 during mid-day trading on Wednesday. The company had a trading volume of 78 shares, compared to its average volume of 236. The firm’s 50-day moving average is $10.72 and its 200 day moving average is $10.72. Pearl Holdings Acquisition has a 52 week low of $10.32 and a 52 week high of $11.00.

Institutional Investors Weigh In On Pearl Holdings Acquisition

Large investors have recently made changes to their positions in the business. Virtu Financial LLC purchased a new stake in Pearl Holdings Acquisition in the fourth quarter worth $104,000. Meteora Capital LLC lifted its position in shares of Pearl Holdings Acquisition by 20.2% in the 4th quarter. Meteora Capital LLC now owns 14,243 shares of the company’s stock worth $146,000 after purchasing an additional 2,398 shares during the period. UBS Group AG boosted its stake in shares of Pearl Holdings Acquisition by 5,507.4% during the 2nd quarter. UBS Group AG now owns 23,551 shares of the company’s stock valued at $233,000 after purchasing an additional 23,131 shares in the last quarter. Basso Capital Management L.P. purchased a new position in shares of Pearl Holdings Acquisition during the first quarter valued at about $372,000. Finally, Wolverine Asset Management LLC lifted its holdings in Pearl Holdings Acquisition by 625.9% in the second quarter. Wolverine Asset Management LLC now owns 47,305 shares of the company’s stock worth $499,000 after buying an additional 40,788 shares during the period. 71.95% of the stock is currently owned by institutional investors.

About Pearl Holdings Acquisition

(Get Free Report)

Pearl Holdings Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business operating in the lifestyle, health and wellness, and technology sectors.

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