Research Alliance Corporation III (NASDAQ:RACC – Get Free Report) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,263 shares, a decrease of 49.2% from the June 15th total of 2,485 shares. Based on an average trading volume of 6,261 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.
Research Alliance Corporation III Stock Down 1.4%
NASDAQ:RACC traded down $0.15 during trading hours on Wednesday, reaching $11.00. 11,043 shares of the company were exchanged, compared to its average volume of 8,252. Research Alliance Corporation III has a 52-week low of $10.21 and a 52-week high of $12.38.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Research Alliance Corporation III to a “hold” rating in a research report on Saturday, May 30th.
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