TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) Stock Short Interest Report for September

TRG Latin America Acquisitions Corp. (NASDAQ:TRGS) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 47 shares, a decline of 77.5% from the September 15th total of 209 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 15,928 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on TRG Latin America Acquisitions in a report on Friday, August 14th. They set a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company has a consensus rating of “Sell”.

TRG Latin America Acquisitions Stock Performance

Shares of TRGS stock traded up $0.02 during midday trading on Friday, hitting $9.99. 2,495 shares of the company were exchanged, compared to its average volume of 15,906. The firm has a 50 day moving average price of $9.97. TRG Latin America Acquisitions has a 52 week low of $9.82 and a 52 week high of $10.10.

About TRG Latin America Acquisitions

TRG Latin America Acquisitions Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Its stated focus is on businesses with operations or growth opportunities in Latin America.

Unlike an operating company, TRG Latin America Acquisitions Corp. does not primarily sell products or provide commercial services of its own. Its activities center on evaluating potential merger or acquisition targets and completing a transaction that would result in a public operating company.

The company was established as a blank-check entity and is incorporated in the Cayman Islands.