ClearThink 1 Acquisition Corp. (NASDAQ:CTAA – Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 273 shares, an increase of 155.1% from the August 15th total of 107 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 936 shares, the days-to-cover ratio is presently 0.3 days.
ClearThink 1 Acquisition Price Performance
Shares of NASDAQ:CTAA opened at $9.96 on Friday. The company’s fifty day moving average is $9.96. ClearThink 1 Acquisition has a 12-month low of $9.82 and a 12-month high of $10.00.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on shares of ClearThink 1 Acquisition in a research report on Monday, July 13th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, ClearThink 1 Acquisition presently has an average 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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