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

D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 42,286 shares, a drop 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 presently 0.1 days.

D. Boral ARC Acquisition I Trading Up 1.6%

D. Boral ARC Acquisition I stock opened at $10.77 on Tuesday. D. Boral ARC Acquisition I has a 12 month low of $9.88 and a 12 month high of $11.17. The firm has a 50 day moving average price of $10.50.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BCAR. Meteora Capital LLC increased its holdings in D. Boral ARC Acquisition I by 1,288.5% in the 4th quarter. Meteora Capital LLC now owns 1,928,291 shares of the company’s stock worth $19,341,000 after acquiring an additional 1,789,416 shares during the last quarter. Wolverine Asset Management LLC boosted its position in D. Boral ARC Acquisition I by 33.5% during the fourth quarter. Wolverine Asset Management LLC now owns 1,134,863 shares of the company’s stock worth $11,383,000 after purchasing an additional 284,863 shares during the period. Radcliffe Capital Management L.P. boosted its position in D. Boral ARC Acquisition I by 20.7% during the fourth quarter. Radcliffe Capital Management L.P. now owns 549,672 shares of the company’s stock worth $5,513,000 after purchasing an additional 94,323 shares during the period. OMERS ADMINISTRATION Corp bought a new position in D. Boral ARC Acquisition I during the fourth quarter worth about $5,015,000. Finally, Magnetar Financial LLC bought a new position in D. Boral ARC Acquisition I during the fourth quarter worth about $4,764,000. 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.