D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 17,122 shares, a growth 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 BCARW stock opened at $0.48 on Tuesday. D. Boral ARC Acquisition I has a twelve month low of $0.16 and a twelve month high of $2.55. The company’s 50-day moving average price is $1.09 and its 200-day moving average price is $1.13.
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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