TRG Latin America Acquisitions Corp. (NASDAQ:TRGSU) Sees Large Decline in Short Interest

TRG Latin America Acquisitions Corp. (NASDAQ:TRGSU) was the recipient of a large drop in short interest in April. As of April 30th, there was short interest totaling 138 shares, a drop of 38.4% from the April 15th total of 224 shares. Based on an average daily volume of 8,409 shares, the days-to-cover ratio is presently 0.0 days.

TRG Latin America Acquisitions Stock Performance

Shares of TRG Latin America Acquisitions stock remained flat at $10.03 during midday trading on Monday. The business has a 50 day moving average of $10.01. TRG Latin America Acquisitions has a one year low of $9.95 and a one year high of $10.07.

Analysts Set New Price Targets

Separately, Wall Street Zen raised TRG Latin America Acquisitions to a “hold” rating in a report on Saturday, March 14th.

TRG Latin America Acquisitions Company Profile

We are a blank check company newly incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified or selected any potential initial business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential initial business combination target.