Research Alliance Corporation IV (NASDAQ:RACD) Short Interest Down 99.1% in July

Research Alliance Corporation IV (NASDAQ:RACDGet Free Report) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decrease of 99.1% from the July 15th total of 11,383 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,496 shares, the short-interest ratio is presently 0.0 days.

Research Alliance Corporation IV Stock Performance

RACD traded up $0.44 during midday trading on Tuesday, reaching $11.95. 552 shares of the company’s stock were exchanged, compared to its average volume of 9,207. Research Alliance Corporation IV has a 1-year low of $10.00 and a 1-year high of $12.25.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Research Alliance Corporation IV to a “hold” rating in a report on Saturday, July 18th.

Check Out Our Latest Research Report on Research Alliance Corporation IV

Research Alliance Corporation IV Company Profile

(Get Free Report)

Research Alliance Corporation IV is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Research Alliance Corporation IV is based in NEW YORK.

See Also

Receive News & Ratings for Research Alliance Corporation IV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Research Alliance Corporation IV and related companies with MarketBeat.com's FREE daily email newsletter.