D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 9,952 shares, an increase of 152.1% from the May 31st total of 3,948 shares. Based on an average daily volume of 190,228 shares, the days-to-cover ratio is presently 0.1 days.
D. Boral ARC Acquisition I Price Performance
Shares of NASDAQ:BCARW opened at $1.75 on Monday. D. Boral ARC Acquisition I has a 52 week low of $0.14 and a 52 week high of $2.55. The firm has a fifty day simple moving average of $1.63.
About D. Boral ARC Acquisition I
D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.
As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.
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