Research Alliance Corporation IV (NASDAQ:RACD) Short Interest Up 239.0% in August

Research Alliance Corporation IV (NASDAQ:RACDGet Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 339 shares, an increase of 239.0% from the July 30th total of 100 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,982 shares, the days-to-cover ratio is presently 0.2 days.

Research Alliance Corporation IV Stock Up 0.3%

NASDAQ RACD opened at $12.94 on Thursday. Research Alliance Corporation IV has a fifty-two week low of $10.00 and a fifty-two week high of $13.64.

Analyst Ratings Changes

Separately, Wall Street Zen raised Research Alliance Corporation IV to a “hold” rating in a report on Saturday, July 18th.

Check Out Our Latest Stock Report on RACD

Research Alliance Corporation IV Company Profile

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Research Alliance Corporation IV is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Research Alliance Corporation IV is based in NEW YORK.

Further Reading

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