D. Boral Acquisition I Corp. (NASDAQ:DBCA) Short Interest Update

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 391 shares, a decline of 95.5% from the August 15th total of 8,613 shares. Based on an average daily trading volume, of 135,711 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

A number of research firms recently commented on DBCA. Wall Street Zen upgraded shares of D. Boral Acquisition I to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings raised shares of D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

D. Boral Acquisition I Price Performance

DBCA traded down $0.01 during midday trading on Thursday, reaching $10.02. 27,696 shares of the company’s stock traded hands, compared to its average volume of 81,900. The firm has a fifty day moving average price of $10.00. D. Boral Acquisition I has a 52 week low of $9.83 and a 52 week high of $10.07.

D. Boral Acquisition I Company Profile

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.