D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 17,122 shares, an increase of 97.6% from the July 30th total of 8,664 shares. Based on an average trading volume of 112,118 shares, the days-to-cover ratio is currently 0.2 days.
D. Boral ARC Acquisition I Price Performance
Shares of NASDAQ:BCARW opened at $0.48 on Monday. D. Boral ARC Acquisition I has a twelve month low of $0.16 and a twelve month high of $2.55. The stock’s 50 day moving average is $1.12 and its 200-day moving average is $1.14.
D. Boral ARC Acquisition I Company Profile
D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.
As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.
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