D. Boral Acquisition I Corp (NASDAQ:DBCAU) Short Interest Update

D. Boral Acquisition I Corp (NASDAQ:DBCAU) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,540 shares, an increase of 58.8% from the August 15th total of 1,599 shares. Based on an average trading volume of 1,090 shares, the days-to-cover ratio is presently 2.3 days.

D. Boral Acquisition I Stock Down 2.6%

NASDAQ:DBCAU opened at $10.13 on Friday. D. Boral Acquisition I has a fifty-two week low of $9.95 and a fifty-two week high of $10.80. The company has a 50 day moving average price of $10.26 and a 200 day moving average price of $10.14.

About D. Boral Acquisition I

D. Boral Acquisition I (NASDAQ: DBCAU) is a special purpose acquisition company (SPAC), commonly referred to as a blank?check company, organized to raise capital in a public offering and identify one or more business combinations with operating companies. It is listed on the NASDAQ under the ticker DBCAU and, like other SPACs, was formed to provide a faster, sponsor?driven route for a private company to become publicly listed through a merger or other business combination.

The company’s principal activities are those typical of a SPAC: sourcing and evaluating potential acquisition targets, conducting financial and legal due diligence, negotiating terms for a business combination, and managing funds raised in its IPO trust account pending completion of a qualifying transaction.