TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Shares Shorted: Short Interest Down 77.5% in September

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 47 shares, a decline of 77.5% from the September 15th total of 209 shares. Based on an average trading volume of 15,928 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on shares of TRG Latin America Acquisitions in a report on Friday, August 14th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, TRG Latin America Acquisitions currently has a consensus rating of “Sell”.

TRG Latin America Acquisitions Trading Up 0.2%

Shares of TRGS stock traded up $0.02 on Monday, hitting $9.99. The company had a trading volume of 321 shares, compared to its average volume of 57,826. TRG Latin America Acquisitions has a twelve month low of $9.82 and a twelve month high of $10.10. The company’s 50-day moving average price is $9.97.

TRG Latin America Acquisitions Company Profile

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its stated focus is on businesses with operations or growth opportunities in Latin America.

Unlike an operating company, TRG Latin America Acquisitions Corp. does not primarily sell products or provide commercial services of its own. Its activities center on evaluating potential merger or acquisition targets and completing a transaction that would result in a public operating company.

The company was established as a blank-check entity and is incorporated in the Cayman Islands.