D. Boral ARC Acquisition I (NASDAQ:BCAR) Trading 0.6% Higher – Here’s What Happened

Shares of D. Boral ARC Acquisition I Corp. (NASDAQ:BCARGet Free Report) traded up 0.6% during mid-day trading on Thursday . The company traded as high as $10.80 and last traded at $10.71. 492,827 shares changed hands during trading, a decline of 18% from the average session volume of 599,861 shares. The stock had previously closed at $10.65.

D. Boral ARC Acquisition I Stock Up 0.6%

The firm has a fifty day moving average of $10.34.

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

Institutional Trading of D. Boral ARC Acquisition I

Several institutional investors and hedge funds have recently modified their holdings of BCAR. StoneX Group Inc. grew its holdings in D. Boral ARC Acquisition I by 4.5% during the 4th quarter. StoneX Group Inc. now owns 78,393 shares of the company’s stock valued at $786,000 after buying an additional 3,393 shares during the last quarter. Berkley W R Corp raised its holdings in shares of D. Boral ARC Acquisition I by 1.7% in the first quarter. Berkley W R Corp now owns 226,854 shares of the company’s stock worth $2,296,000 after acquiring an additional 3,686 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of D. Boral ARC Acquisition I in the fourth quarter valued at $127,000. Heights Capital Management Inc. acquired a new stake in shares of D. Boral ARC Acquisition I during the fourth quarter valued at $248,000. Finally, PenderFund Capital Management Ltd. purchased a new stake in D. Boral ARC Acquisition I during the 4th quarter worth about $295,000. Hedge funds and other institutional investors own 4.33% of the company’s stock.

D. Boral ARC Acquisition I Company Profile

(Get Free Report)

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.

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