D. Boral Acquisition I Corp. (NASDAQ:DBCA) Short Interest Up 261.8% in July

D. Boral Acquisition I Corp. (NASDAQ:DBCA) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 54,408 shares, an increase of 261.8% from the June 30th total of 15,039 shares. Based on an average daily volume of 46,896 shares, the short-interest ratio is presently 1.2 days. Approximately 0.2% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of D. Boral Acquisition I in a report on Friday, May 29th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

D. Boral Acquisition I Trading Up 0.1%

Shares of NASDAQ DBCA traded up $0.01 during midday trading on Tuesday, hitting $9.98. 65,311 shares of the company’s stock were exchanged, compared to its average volume of 80,947. The firm has a fifty day moving average price of $9.97. D. Boral Acquisition I has a 12-month low of $9.83 and a 12-month high of $10.07.

D. Boral Acquisition I Company Profile

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.