Research Alliance Corporation IV (NASDAQ:RACD) Short Interest Update

Research Alliance Corporation IV (NASDAQ:RACD) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 100 shares, a decline of 99.1% from the July 15th total of 11,383 shares. Based on an average daily trading volume, of 7,496 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Research Alliance Corporation IV to a “hold” rating in a research note on Saturday, July 18th.

Research Alliance Corporation IV Stock Up 0.1%

NASDAQ RACD traded up $0.01 on Wednesday, hitting $11.42. The stock had a trading volume of 852 shares, compared to its average volume of 8,387. Research Alliance Corporation IV has a 52-week low of $10.00 and a 52-week high of $12.25.

Research Alliance Corporation IV Company Profile

Research Alliance Corporation IV is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Research Alliance Corporation IV is based in NEW YORK.