TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Stock Short Interest Rises 1,125.0%

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 49 shares, a growth of 1,125.0% from the October 15th total of 4 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 9,580 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings initiated coverage on shares of TRG Latin America Acquisitions in a research note on Friday, August 14th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, TRG Latin America Acquisitions has an average rating of “Sell”.

TRG Latin America Acquisitions Price Performance

TRG Latin America Acquisitions stock opened at $9.99 on Wednesday. TRG Latin America Acquisitions has a one year low of $9.82 and a one year high of $10.10. The firm has a fifty day simple moving average of $9.99.

About TRG Latin America Acquisitions

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.