Short Interest in TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Expands By 89.6%

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 889 shares, a growth of 89.6% from the August 15th total of 469 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 19,449 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on TRG Latin America Acquisitions in a report on Friday, August 14th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

TRG Latin America Acquisitions Stock Performance

TRG Latin America Acquisitions stock opened at $9.97 on Friday. TRG Latin America Acquisitions has a 52-week low of $9.82 and a 52-week high of $10.10. The business’s 50 day simple moving average is $9.94.

About TRG Latin America Acquisitions

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more companies. Rather than operating a conventional business or selling products and services, the company’s primary activity is evaluating potential merger, acquisition, or similar transactions.

As its name indicates, TRG Latin America Acquisitions is focused on opportunities involving businesses in Latin America. The company may target companies in a range of industries and geographies across the region, although publicly available information does not establish a completed acquisition or an ongoing operating business.