D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) Short Interest Down 33.6% in May

D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 42,286 shares, a decrease of 33.6% from the May 14th total of 63,662 shares. Based on an average trading volume of 562,127 shares, the short-interest ratio is presently 0.1 days.

D. Boral ARC Acquisition I Trading Up 1.6%

BCAR opened at $10.77 on Tuesday. D. Boral ARC Acquisition I has a fifty-two week low of $9.88 and a fifty-two week high of $11.17. The stock has a 50-day simple moving average of $10.50.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last posted its earnings results on Friday, May 15th. The company reported $0.07 earnings per share for the quarter.

Institutional Investors Weigh In On D. Boral ARC Acquisition I

A number of institutional investors have recently added to or reduced their stakes in BCAR. Jane Street Group LLC bought a new stake in D. Boral ARC Acquisition I in the 4th quarter worth about $127,000. Heights Capital Management Inc. bought a new stake in D. Boral ARC Acquisition I in the 4th quarter worth about $248,000. PenderFund Capital Management Ltd. bought a new stake in D. Boral ARC Acquisition I in the 4th quarter worth about $295,000. ABC Arbitrage SA bought a new stake in D. Boral ARC Acquisition I in the 4th quarter worth about $351,000. Finally, Stoic Point Capital Management LLC bought a new stake in D. Boral ARC Acquisition I in the 4th quarter worth about $531,000. 4.33% of the stock is owned by institutional investors.

D. Boral ARC Acquisition I Company Profile

D. Boral ARC Acquisition I (NASDAQ: BCAR) is a special purpose acquisition company (SPAC), commonly referred to as a blank‑check company, formed to raise capital through a public offering and to effect a merger, share exchange, asset acquisition or similar business combination with one or more operating businesses. As a SPAC, its primary activity is identifying and negotiating a business combination rather than conducting commercial operations itself.

Publicly available disclosures do not identify a confirmed target company, a specific industry focus or detailed information about the company’s leadership and sponsors in widely accessible sources.