TRG Latin America Acquisitions Corp. (NASDAQ:TRGSU – Get Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 138 shares, a drop of 38.4% from the April 15th total of 224 shares. Based on an average daily trading volume, of 8,409 shares, the short-interest ratio is presently 0.0 days.
TRG Latin America Acquisitions Price Performance
Shares of TRGSU remained flat at $10.03 during trading hours on Tuesday. The company’s 50 day moving average is $10.01. TRG Latin America Acquisitions has a 12-month low of $9.95 and a 12-month high of $10.07.
Analysts Set New Price Targets
Separately, Wall Street Zen raised shares of TRG Latin America Acquisitions to a “hold” rating in a research note on Saturday, March 14th.
About TRG Latin America Acquisitions
We are a blank check company newly incorporated as a Cayman Islands exempted company 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 identified or selected any potential initial business combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential initial business combination target.
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