D. Boral ARC Acquisition I Corp. (NASDAQ:BCARU – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 14,760 shares, an increase of 69.8% from the July 30th total of 8,692 shares. Based on an average daily trading volume, of 40,021 shares, the days-to-cover ratio is currently 0.4 days.
D. Boral ARC Acquisition I Stock Performance
Shares of NASDAQ BCARU opened at $5.42 on Wednesday. The company has a 50 day simple moving average of $8.61 and a two-hundred day simple moving average of $10.26. D. Boral ARC Acquisition I has a 12 month low of $3.00 and a 12 month high of $13.99.
Institutional Investors Weigh In On D. Boral ARC Acquisition I
Several hedge funds have recently bought and sold shares of BCARU. Rangeley Capital LLC boosted its holdings in D. Boral ARC Acquisition I by 114.4% in the 1st quarter. Rangeley Capital LLC now owns 72,430 shares of the company’s stock worth $771,000 after buying an additional 38,650 shares during the last quarter. Clear Street Group Inc. raised its holdings in shares of D. Boral ARC Acquisition I by 44.9% during the fourth quarter. Clear Street Group Inc. now owns 94,758 shares of the company’s stock valued at $967,000 after acquiring an additional 29,354 shares during the last quarter. HRT Financial LP purchased a new position in shares of D. Boral ARC Acquisition I in the fourth quarter valued at approximately $224,000. PenderFund Capital Management Ltd. purchased a new position in shares of D. Boral ARC Acquisition I in the third quarter valued at approximately $294,000. Finally, Schonfeld Strategic Advisors LLC acquired a new stake in shares of D. Boral ARC Acquisition I in the third quarter worth approximately $443,000.
About D. Boral ARC Acquisition I
We are a blank check company incorporated on March 20, 2025 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, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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