TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Stock Short Interest Drops 77.5%

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS – Get Free Report) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totaling 47 shares, a decline of 77.5% from the September 15th total of 209 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,928 shares, the short-interest ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of TRG Latin America Acquisitions in a report on Friday, August 14th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, TRG Latin America Acquisitions has a consensus rating of “Sell”.

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TRG Latin America Acquisitions Trading Up 0.3%

TRGS stock traded up $0.03 during midday trading on Tuesday, hitting $10.00. 343 shares of the company’s stock were exchanged, compared to its average volume of 15,905. TRG Latin America Acquisitions has a one year low of $9.82 and a one year high of $10.10. The stock’s fifty day moving average is $9.97.

About TRG Latin America Acquisitions

(Get Free Report)

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its stated focus is on businesses with operations or growth opportunities in Latin America.

Unlike an operating company, TRG Latin America Acquisitions Corp. does not primarily sell products or provide commercial services of its own. Its activities center on evaluating potential merger or acquisition targets and completing a transaction that would result in a public operating company.

The company was established as a blank-check entity and is incorporated in the Cayman Islands.

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