Short Interest in TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Declines By 56.2%

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 469 shares, a decrease of 56.2% from the July 30th total of 1,071 shares. Based on an average daily volume of 11,783 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

TRG Latin America Acquisitions Stock Performance

Shares of TRGS stock traded down $0.01 during trading hours on Friday, reaching $9.95. The company’s stock had a trading volume of 299 shares, compared to its average volume of 26,180. The company’s 50 day moving average is $9.92. TRG Latin America Acquisitions has a fifty-two week low of $9.82 and a fifty-two week high of $10.10.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on shares of TRG Latin America Acquisitions in a research report on Friday, August 14th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

TRG Latin America Acquisitions Company Profile

TRG Latin America Acquisitions Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.