D. Boral Acquisition I Corp. (NASDAQ:DBCA) Short Interest Up 261.8% in July

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 54,408 shares, a growth of 261.8% from the June 30th total of 15,039 shares. Based on an average trading volume of 46,896 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the shares of the company are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of D. Boral Acquisition I in a research note on Friday, May 29th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

D. Boral Acquisition I Stock Performance

NASDAQ:DBCA traded up $0.01 during trading hours on Friday, hitting $9.97. The company’s stock had a trading volume of 16,335 shares, compared to its average volume of 81,131. The company has a 50-day moving average price of $9.97. D. Boral Acquisition I has a 52-week low of $9.83 and a 52-week high of $10.07.

About D. Boral Acquisition I

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.