TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Short Interest Update

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 209 shares, a decline of 76.5% from the August 31st total of 889 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 5,177 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of TRG Latin America Acquisitions in a research note on Friday, August 14th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

TRG Latin America Acquisitions Stock Up 0.2%

Shares of NASDAQ:TRGS traded up $0.02 during midday trading on Friday, reaching $9.98. The company’s stock had a trading volume of 25,526 shares, compared to its average volume of 11,377. TRG Latin America Acquisitions has a 1 year low of $9.82 and a 1 year high of $10.10. The company’s 50 day moving average is $9.95.

TRG Latin America Acquisitions Company Profile

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more companies. Rather than operating a conventional business or selling products and services, the company’s primary activity is evaluating potential merger, acquisition, or similar transactions.

As its name indicates, TRG Latin America Acquisitions is focused on opportunities involving businesses in Latin America. The company may target companies in a range of industries and geographies across the region, although publicly available information does not establish a completed acquisition or an ongoing operating business.