Peace Acquisition Corp (NASDAQ:PECE) Stock Short Interest Report for October

Peace Acquisition Corp (NASDAQ:PECE) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 3,965 shares, a decline of 71.4% from the September 30th total of 13,883 shares. Based on an average daily volume of 32,122 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Peace Acquisition in a report on Friday, August 28th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Peace Acquisition Stock Up 0.0%

Peace Acquisition stock traded up $0.01 during trading hours on Thursday, reaching $10.04. 127,417 shares of the stock were exchanged, compared to its average volume of 66,032. Peace Acquisition has a twelve month low of $9.87 and a twelve month high of $10.06. The stock has a 50 day moving average price of $10.00.

Peace Acquisition Company Profile

Peace Acquisition is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol PECE. Unlike an operating company, its primary purpose is to identify and complete a merger, share exchange, asset acquisition, or similar business combination with a private company.

Before completing a business combination, Peace Acquisition does not generally offer products or services of its own. Its activities are focused on evaluating potential target businesses, conducting due diligence, and negotiating a transaction intended to result in a publicly traded operating company.

Publicly available information about Peace Acquisition’s specific target, operating history, geographic markets, and leadership is limited.