D. Boral Acquisition I Corp. (NASDAQ:DBCA) Sees Significant Growth in Short Interest

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a significant 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 daily trading volume, of 46,896 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of D. Boral Acquisition I in a research report on Friday, May 29th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, D. Boral Acquisition I has a consensus rating of “Sell”.

D. Boral Acquisition I Stock Performance

DBCA traded up $0.01 during trading on Friday, reaching $9.97. 16,335 shares of the stock were exchanged, compared to its average volume of 81,131. D. Boral Acquisition I has a 1 year low of $9.83 and a 1 year high of $10.07. The stock’s 50 day moving average price is $9.97.

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.