Short Interest in Peace Acquisition Corp. (NASDAQ:PECEU) Drops By 81.7%

Peace Acquisition Corp. (NASDAQ:PECEU) was the target of a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,568 shares, a drop of 81.7% from the June 15th total of 8,564 shares. Based on an average daily trading volume, of 17,607 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Peace Acquisition to a “hold” rating in a research note on Saturday, May 30th.

Peace Acquisition Stock Performance

Shares of NASDAQ PECEU remained flat at $10.43 during trading hours on Friday. Peace Acquisition has a twelve month low of $10.00 and a twelve month high of $11.68.