Short Interest in D. Boral Acquisition I Corp. (NASDAQ:DBCA) Decreases By 77.4%

D. Boral Acquisition I Corp. (NASDAQ:DBCAGet Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 8,613 shares, a decrease of 77.4% from the July 30th total of 38,121 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 26,544 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DBCA. Wall Street Zen upgraded D. Boral Acquisition I to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on D. Boral Acquisition I

D. Boral Acquisition I Trading Down 0.1%

Shares of D. Boral Acquisition I stock opened at $10.00 on Friday. The firm’s fifty day moving average is $9.99. D. Boral Acquisition I has a 12-month low of $9.83 and a 12-month high of $10.07.

About D. Boral Acquisition I

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D Boral Acquisition I Corp is a blank check company. It is formed as a BVI business company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

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