D. Boral Acquisition I Corp. (NASDAQ:DBCA) Sees Large Decline in Short Interest

by · The Cerbat Gem

D. Boral Acquisition I Corp. (NASDAQ:DBCA – Get Free Report) was the recipient of a large decrease in short interest in 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 shares of the company are sold short. Based on an average daily volume of 26,544 shares, the short-interest ratio is currently 0.3 days.

D. Boral Acquisition I Trading Up 0.0%

Shares of NASDAQ DBCA traded up $0.01 during mid-day trading on Thursday, reaching $10.02. The company had a trading volume of 108,821 shares, compared to its average volume of 80,616. The stock’s 50-day moving average price is $9.99. D. Boral Acquisition I has a 52 week low of $9.83 and a 52 week high of $10.07.

Analysts Set New Price Targets

Several research firms recently issued reports on DBCA. 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 shares of 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.com, the stock has an average rating of “Sell”.

Get Our Latest Stock Analysis on DBCA

About D. Boral Acquisition I

(Get Free Report)

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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