D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) Short Interest Up 123.7% in July

D. Boral ARC Acquisition I Corp. (NASDAQ:BCAR) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 67,768 shares, a growth of 123.7% from the July 15th total of 30,288 shares. Based on an average daily trading volume, of 642,460 shares, the short-interest ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of D. Boral ARC Acquisition I from a “sell (e+)” rating to a “sell (e)” rating in a report on Tuesday, July 28th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Trading of D. Boral ARC Acquisition I

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in D. Boral ARC Acquisition I in the 4th quarter valued at $127,000. Heights Capital Management Inc. purchased a new position in D. Boral ARC Acquisition I in the 4th quarter valued at $248,000. PenderFund Capital Management Ltd. acquired a new stake in D. Boral ARC Acquisition I during the 4th quarter worth $295,000. ABC Arbitrage SA acquired a new stake in D. Boral ARC Acquisition I during the 4th quarter worth $351,000. Finally, Stoic Point Capital Management LLC purchased a new stake in shares of D. Boral ARC Acquisition I during the fourth quarter worth $531,000. 4.33% of the stock is owned by institutional investors and hedge funds.

D. Boral ARC Acquisition I Stock Down 3.8%

Shares of D. Boral ARC Acquisition I stock opened at $5.83 on Friday. D. Boral ARC Acquisition I has a twelve month low of $4.00 and a twelve month high of $11.17. The firm’s 50-day moving average price is $8.89 and its 200 day moving average price is $9.80.

D. Boral ARC Acquisition I (NASDAQ:BCAR) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

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.