Short Interest in D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW) Declines By 52.1%

D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 8,195 shares, a drop of 52.1% from the April 15th total of 17,124 shares. Based on an average trading volume of 90,741 shares, the days-to-cover ratio is currently 0.1 days.

D. Boral ARC Acquisition I Trading Up 11.4%

D. Boral ARC Acquisition I stock traded up $0.18 during mid-day trading on Friday, reaching $1.76. 786,865 shares of the company were exchanged, compared to its average volume of 255,869. D. Boral ARC Acquisition I has a twelve month low of $0.14 and a twelve month high of $1.82. The stock has a 50-day moving average price of $0.86.

D. Boral ARC Acquisition I Company Profile

D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank?check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.

As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.