D. Boral Acquisition I Corp. (NASDAQ:DBCA) Short Interest Up 261.8% in July

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 54,408 shares, an increase of 261.8% from the June 30th total of 15,039 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 46,896 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on shares of D. Boral Acquisition I in a research report on Friday, May 29th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has a consensus rating of “Sell”.

D. Boral Acquisition I Trading Up 0.1%

DBCA stock traded up $0.01 during mid-day trading on Monday, reaching $9.98. 65,311 shares of the company’s stock were exchanged, compared to its average volume of 80,947. D. Boral Acquisition I has a 12-month low of $9.83 and a 12-month high of $10.07. The firm has a 50 day moving average of $9.97.

D. Boral Acquisition I Company Profile

D Boral Acquisition I Corp is a blank check company. It is formed as a BVI business company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.