Research Alliance Corporation III (NASDAQ:RACC – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,268 shares, an increase of 633.8% from the June 30th total of 1,263 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,901 shares, the short-interest ratio is presently 1.6 days.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Research Alliance Corporation III to a “hold” rating in a report on Saturday, May 30th.
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Research Alliance Corporation III Stock Performance
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