Research Alliance Corporation IV (NASDAQ:RACD) Short Interest Up ∞ in July

Research Alliance Corporation IV (NASDAQ:RACD) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 11,383 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average trading volume of 73,396 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

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 Down 1.4%

Shares of NASDAQ RACD traded down $0.15 during mid-day trading on Wednesday, reaching $10.75. The company’s stock had a trading volume of 3,697 shares, compared to its average volume of 11,600. Research Alliance Corporation IV has a 52 week low of $10.00 and a 52 week high of $11.65.