Short Interest in D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) Decreases By 33.6%

D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) was the recipient of a large decrease in short interest in May. As of May 29th, there was short interest totaling 42,286 shares, a decrease of 33.6% from the May 14th total of 63,662 shares. Based on an average daily volume of 562,127 shares, the short-interest ratio is currently 0.1 days.

D. Boral ARC Acquisition I Stock Down 1.0%

Shares of BCAR stock opened at $10.66 on Wednesday. D. Boral ARC Acquisition I has a 52-week low of $9.88 and a 52-week high of $11.17. The business has a fifty day simple moving average of $10.51.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last issued its quarterly earnings results on Friday, May 15th. The company reported $0.07 earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On D. Boral ARC Acquisition I

A number of institutional investors have recently bought and sold shares of the business. Bank of America Corp DE purchased a new stake in D. Boral ARC Acquisition I in the 1st quarter worth $1,012,000. Readystate Asset Management LP purchased a new stake in D. Boral ARC Acquisition I in the 1st quarter worth $1,012,000. Berkley W R Corp increased its stake in D. Boral ARC Acquisition I by 1.7% in the 1st quarter. Berkley W R Corp now owns 226,854 shares of the company’s stock worth $2,296,000 after buying an additional 3,686 shares in the last quarter. DLD Asset Management LP increased its stake in D. Boral ARC Acquisition I by 200.0% in the 1st quarter. DLD Asset Management LP now owns 400,000 shares of the company’s stock worth $4,048,000 after buying an additional 266,667 shares in the last quarter. Finally, Stoic Point Capital Management LLC purchased a new stake in D. Boral ARC Acquisition I in the 4th quarter worth $531,000. Hedge funds and other institutional investors own 4.33% of the company’s stock.

D. Boral ARC Acquisition I Company Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.