ClearThink 1 Acquisition Corp (NASDAQ:CTAAU – Get Free Report) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 6 shares, a decrease of 40.0% from the September 30th total of 10 shares. Based on an average daily volume of 143 shares, the short-interest ratio is presently 0.0 days.
ClearThink 1 Acquisition Price Performance
Shares of CTAAU opened at $10.27 on Friday. ClearThink 1 Acquisition has a 1-year low of $9.94 and a 1-year high of $10.38. The firm’s 50 day simple moving average is $10.14 and its 200 day simple moving average is $10.07.
About ClearThink 1 Acquisition
ClearThink 1 Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction could take the form of a merger, share exchange, asset acquisition, reorganization, or similar corporate transaction.
As a blank-check company, ClearThink 1 Acquisition Corp. does not have significant operating activities, products, or services of its own. Its principal objective is to raise capital through a public offering and use the proceeds, subject to applicable conditions, to pursue a suitable target business.
The company’s publicly available profile provides limited information about a specific target industry, geographic focus, or completed transaction.
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