Research Alliance Corporation IV (NASDAQ:RACD) Short Interest Update

Research Alliance Corporation IV (NASDAQ:RACD) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 100 shares, a decline of 99.1% from the July 15th total of 11,383 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,496 shares, the days-to-cover ratio is presently 0.0 days.

Research Alliance Corporation IV Stock Performance

NASDAQ:RACD opened at $11.42 on Thursday. Research Alliance Corporation IV has a twelve month low of $10.00 and a twelve month high of $12.25.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Research Alliance Corporation IV to a “hold” rating in a report on Saturday, July 18th.

Research Alliance Corporation IV Company Profile

Research Alliance Corporation IV is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Research Alliance Corporation IV is based in NEW YORK.