D. Boral Acquisition I Corp. (NASDAQ:DBCA) Stock Short Interest Report for October

D. Boral Acquisition I Corp. (NASDAQ:DBCA) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,067 shares, an increase of 1,946.5% from the October 15th total of 101 shares. Based on an average daily trading volume, of 22,155 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

D. Boral Acquisition I Trading Up 0.1%

Shares of D. Boral Acquisition I stock traded up $0.01 during trading hours on Tuesday, hitting $10.08. The company had a trading volume of 680 shares, compared to its average volume of 82,181. The company’s 50-day moving average is $10.04 and its two-hundred day moving average is $9.97. D. Boral Acquisition I has a twelve month low of $9.83 and a twelve month high of $10.10.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wall Street Zen raised shares of D. Boral Acquisition I to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

About D. Boral Acquisition I

D. Boral Acquisition I is a special purpose acquisition company (SPAC) listed on the Nasdaq Stock Market under the symbol DBCA. The company was formed to pursue a business combination with an operating company or other business. Rather than conducting ongoing commercial operations or selling products and services, D. Boral Acquisition I seeks to raise capital through a public offering and use those funds, together with other financing, to complete a merger, acquisition, share exchange, or similar transaction.