ClearThink 1 Acquisition Corp. (NASDAQ:CTAA – Get Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 109 shares, a decline of 96.1% from the July 15th total of 2,810 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 21,248 shares, the short-interest ratio is currently 0.0 days.
ClearThink 1 Acquisition Price Performance
CTAA stock traded up $0.12 during trading on Wednesday, reaching $10.03. 2,031 shares of the company traded hands, compared to its average volume of 78,101. The company’s 50 day moving average price is $9.93. ClearThink 1 Acquisition has a 12 month low of $9.82 and a 12 month high of $10.00.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on ClearThink 1 Acquisition in a report on Monday, July 13th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, ClearThink 1 Acquisition currently has a consensus rating of “Sell”.
ClearThink 1 Acquisition Company Profile
ClearThink 1 Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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