D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW – Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 15,848 shares, a growth of 93.4% from the April 30th total of 8,195 shares. Based on an average trading volume of 427,977 shares, the days-to-cover ratio is presently 0.0 days.
D. Boral ARC Acquisition I Trading Up 0.9%
Shares of NASDAQ:BCARW opened at $2.35 on Tuesday. D. Boral ARC Acquisition I has a 12 month low of $0.14 and a 12 month high of $2.55. The stock’s fifty day moving average is $1.13.
D. Boral ARC Acquisition I Company Profile
D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.
As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.
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