D. Boral Acquisition I Corp. (NASDAQ:DBCA – Get Free Report) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,067 shares, an increase of 1,946.5% from the October 15th total of 101 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 22,155 shares, the short-interest ratio is currently 0.1 days.
D. Boral Acquisition I Stock Performance
D. Boral Acquisition I stock traded up $0.04 during midday trading on Thursday, reaching $10.11. 680 shares of the stock were exchanged, compared to its average volume of 82,181. The company’s fifty day moving average is $10.04 and its 200-day moving average is $9.97. D. Boral Acquisition I has a 52 week low of $9.83 and a 52 week high of $10.10.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Weiss Ratings raised shares of D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th. Wall Street Zen upgraded D. Boral Acquisition I to a “hold” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.
Read Our Latest Research Report on D. Boral Acquisition I
About D. Boral Acquisition I
D. Boral Acquisition I Corp. is a blank-check company, also known as a special purpose acquisition company (SPAC). It was formed to pursue a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. The company does not have significant operating activities or offer products and services of its own. Its stated purpose is to identify and combine with a business, after which the combined company would conduct the target’s operations. D. Boral Acquisition I is incorporated in the Cayman Islands.
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