TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Shares Shorted: Short Interest Up 1,125.0% in October

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

TRG Latin America Acquisitions Trading Up 0.2%

NASDAQ:TRGS traded up $0.02 during trading hours on Thursday, reaching $10.02. The company had a trading volume of 586 shares, compared to its average volume of 56,209. The stock has a 50-day moving average price of $9.99. TRG Latin America Acquisitions has a twelve month low of $9.82 and a twelve month high of $10.10.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings began coverage on TRG Latin America Acquisitions in a report on Friday, August 14th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

About TRG Latin America Acquisitions

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC), a type of company formed to pursue a merger, acquisition, or similar business combination with an existing business. It does not operate a standalone commercial business or offer products and services of its own. The company’s stated focus is on identifying a business combination opportunity in Latin America. Its activities center on evaluating potential targets and completing a transaction that would bring an operating business into the public markets.