D. Boral ARC Acquisition I Corp. (NASDAQ:BCARW) Short Interest Up 93.4% in May

D. Boral ARC Acquisition I Corp. (NASDAQ:BCARWGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 15,848 shares, a growth of 93.4% from the April 30th total of 8,195 shares. Based on an average trading volume of 427,977 shares, the short-interest ratio is presently 0.0 days.

D. Boral ARC Acquisition I Stock Down 2.1%

BCARW traded down $0.05 on Wednesday, reaching $2.38. The stock had a trading volume of 24,791 shares, compared to its average volume of 262,021. D. Boral ARC Acquisition I has a fifty-two week low of $0.14 and a fifty-two week high of $2.55. The firm’s 50-day moving average price is $1.13.

About D. Boral ARC Acquisition I

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D. Boral ARC Acquisition I (NASDAQ: BCARW) is a special purpose acquisition company (SPAC), commonly called a blank‑check company. Its principal business purpose is to raise capital from public markets and use those funds, typically held in a trust account, to effect a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more operating businesses.

As a SPAC, D. Boral ARC Acquisition I does not operate an active commercial business or offer products or services prior to completing a business combination.

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