Research Alliance Corporation III (NASDAQ:RACC – Get Free Report) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,485 shares, a growth of 1,740.7% from the May 31st total of 135 shares. Based on an average trading volume of 3,928 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.
Research Alliance Corporation III Trading Up 0.1%
Shares of NASDAQ RACC opened at $10.55 on Friday. Research Alliance Corporation III has a 52-week low of $10.21 and a 52-week high of $11.10.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded Research Alliance Corporation III to a “hold” rating in a research report on Saturday, May 30th.
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