D. Boral ARC Acquisition I Corp. (NASDAQ:BCARU – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 14,760 shares, a growth of 69.8% from the July 30th total of 8,692 shares. Based on an average daily volume of 40,021 shares, the short-interest ratio is presently 0.4 days.
Institutional Trading of D. Boral ARC Acquisition I
Several large investors have recently modified their holdings of BCARU. HRT Financial LP bought a new position in shares of D. Boral ARC Acquisition I in the fourth quarter worth $224,000. PenderFund Capital Management Ltd. acquired a new stake in D. Boral ARC Acquisition I during the third quarter worth about $294,000. Schonfeld Strategic Advisors LLC acquired a new stake in D. Boral ARC Acquisition I during the third quarter worth about $443,000. JPMorgan Chase & Co. bought a new position in D. Boral ARC Acquisition I in the 3rd quarter valued at about $625,000. Finally, Rangeley Capital LLC raised its position in shares of D. Boral ARC Acquisition I by 114.4% in the 1st quarter. Rangeley Capital LLC now owns 72,430 shares of the company’s stock valued at $771,000 after buying an additional 38,650 shares in the last quarter.
D. Boral ARC Acquisition I Stock Up 5.0%
Shares of BCARU traded up $0.26 during mid-day trading on Tuesday, hitting $5.42. 2,867 shares of the company’s stock were exchanged, compared to its average volume of 8,155. The stock’s 50-day simple moving average is $8.73 and its 200-day simple moving average is $10.30. D. Boral ARC Acquisition I has a 52 week low of $3.00 and a 52 week high of $13.99.
About D. Boral ARC Acquisition I
We are a blank check company incorporated on March 20, 2025 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, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.
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