D. Boral Acquisition I Corp. (NASDAQ:DBCA) Stock Short Interest Report for October

D. Boral Acquisition I Corp. (NASDAQ:DBCA) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 2,067 shares, a growth of 1,946.5% from the October 15th total of 101 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 22,155 shares, the short-interest ratio is currently 0.1 days.

D. Boral Acquisition I Stock Performance

NASDAQ DBCA traded up $0.01 during mid-day trading on Tuesday, reaching $10.08. 680 shares of the stock were exchanged, compared to its average volume of 82,181. The business’s 50 day moving average is $10.04 and its 200-day moving average is $9.97. D. Boral Acquisition I has a 1 year low of $9.83 and a 1 year high of $10.10.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DBCA. Weiss Ratings raised D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, August 18th. Wall Street Zen upgraded D. Boral Acquisition I to a “hold” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, D. Boral Acquisition I currently has a consensus rating of “Sell”.

About D. Boral Acquisition I

D. Boral Acquisition I is a special purpose acquisition company (SPAC) listed on the Nasdaq Stock Market under the symbol DBCA. The company was formed to pursue a business combination with an operating company or other business. Rather than conducting ongoing commercial operations or selling products and services, D. Boral Acquisition I seeks to raise capital through a public offering and use those funds, together with other financing, to complete a merger, acquisition, share exchange, or similar transaction.