TRG Latin America Acquisitions Corp. (NASDAQ:TRGSU – Get Free Report) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 431 shares, an increase of 745.1% from the October 15th total of 51 shares. Based on an average daily volume of 278 shares, the short-interest ratio is currently 1.6 days.
TRG Latin America Acquisitions Stock Performance
Shares of NASDAQ:TRGSU opened at $10.48 on Friday. The stock’s fifty day simple moving average is $10.13 and its 200-day simple moving average is $10.10. TRG Latin America Acquisitions has a 52-week low of $9.95 and a 52-week high of $11.57.
About TRG Latin America Acquisitions
TRG Latin America Acquisitions Corp. is a special purpose acquisition company, or blank-check company. It was formed to identify and combine with an operating business, rather than to develop or sell products or services of its own. The company’s stated focus is on businesses in Latin America, with an emphasis on the technology, media and telecommunications sectors. Its activities center on seeking and completing a business combination; until such a transaction is completed, it does not have an operating business.
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