TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Shares Shorted: Short Interest Down 91.5% in October

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 4 shares, a decrease of 91.5% from the September 30th total of 47 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 17,316 shares, the days-to-cover ratio is presently 0.0 days.

TRG Latin America Acquisitions Stock Up 0.3%

TRGS opened at $9.99 on Wednesday. The firm has a fifty day simple moving average of $9.98. TRG Latin America Acquisitions has a 12-month low of $9.82 and a 12-month high of $10.10.

Analyst Ratings Changes

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

TRG Latin America Acquisitions Company Profile

TRG Latin America Acquisitions Corp. was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company in Latin America. As a blank-check company, it did not conduct significant commercial operations or offer products and services of its own.

The company focused on opportunities in Latin American markets, seeking a merger, share exchange, asset acquisition, or similar transaction with a target business. Its activities primarily involved evaluating potential acquisition candidates and negotiating a transaction.

TRG Latin America Acquisitions was sponsored and managed by an investment team focused on Latin American opportunities.