D. Boral Acquisition I Corp. (NASDAQ:DBCA – Get Free Report) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 8,613 shares, a decline of 77.4% from the July 30th total of 38,121 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 26,544 shares, the short-interest ratio is presently 0.3 days.
D. Boral Acquisition I Stock Performance
Shares of NASDAQ:DBCA traded up $0.01 during midday 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 company’s 50 day moving average is $9.99. D. Boral Acquisition I has a 1-year low of $9.83 and a 1-year high of $10.07.
Wall Street Analysts Forecast Growth
Several analysts have recently 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 research note on Tuesday, August 18th. Wall Street Zen raised D. Boral Acquisition I to a “hold” rating in a research report on Saturday, August 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, D. Boral Acquisition I presently has an average rating of “Sell”.
D. Boral Acquisition I Company Profile
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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