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

D. Boral Acquisition I Corp. (NASDAQ:DBCA) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 8,613 shares, a decline of 77.4% from the July 30th total of 38,121 shares. Based on an average daily trading volume, of 26,544 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

D. Boral Acquisition I Stock Down 0.1%

Shares of DBCA stock traded down $0.01 during trading hours on Friday, hitting $10.00. 102,957 shares of the company were exchanged, compared to its average volume of 80,821. The company has a 50 day moving average of $9.99. D. Boral Acquisition I has a 52 week low of $9.83 and a 52 week high of $10.07.

Wall Street Analysts Forecast Growth

DBCA has been the topic of several recent analyst reports. Wall Street Zen upgraded D. Boral Acquisition I to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded D. Boral Acquisition I from a “sell (e)” rating to a “sell (e+)” rating in a report on Tuesday, August 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, D. Boral Acquisition I presently has a consensus rating of “Sell”.

About D. Boral Acquisition I

D Boral Acquisition I Corp is a blank check company. It is formed as a BVI business company and 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.