Short Interest in D. Boral Acquisition I Corp. (NASDAQ:DBCA) Drops By 95.5%

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 391 shares, a decline of 95.5% from the August 15th total of 8,613 shares. Based on an average trading volume of 135,711 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

D. Boral Acquisition I Trading Up 0.0%

DBCA traded up $0.01 during trading on Friday, hitting $10.03. The company’s stock had a trading volume of 27,696 shares, compared to its average volume of 81,900. The stock has a 50 day moving average price of $10.00. D. Boral Acquisition I has a one year low of $9.83 and a one year high of $10.07.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DBCA shares. Weiss Ratings raised D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th. Wall Street Zen upgraded D. Boral Acquisition I to a “hold” rating in a research note on Saturday, August 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

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.