TRG Latin America Acquisitions Corp. (NASDAQ:TRGS – Get Free Report) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 4 shares, a decrease of 91.5% from the September 30th total of 47 shares. Based on an average daily volume of 17,316 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on TRG Latin America Acquisitions in a report on Friday, August 14th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.
View Our Latest Stock Analysis on TRGS
TRG Latin America Acquisitions Stock Performance
Shares of TRGS traded up $0.03 during mid-day trading on Monday, hitting $9.99. The company had a trading volume of 127 shares, compared to its average volume of 14,909. TRG Latin America Acquisitions has a 1-year low of $9.82 and a 1-year high of $10.10. The business has a 50-day moving average of $9.98.
About TRG Latin America Acquisitions
TRG Latin America Acquisitions Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company in Latin America. As a blank-check company, it did not conduct significant commercial operations or offer products and services of its own.
The company focused on opportunities in Latin American markets, seeking a merger, share exchange, asset acquisition, or similar transaction with a target business. Its activities primarily involved evaluating potential acquisition candidates and negotiating a transaction.
TRG Latin America Acquisitions was sponsored and managed by an investment team focused on Latin American opportunities.
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