Clean Earth Acquisitions Corp. (NASDAQ:CLINW) Short Interest Update
shares, an increase of 1,074.7% from the May 15th total of 5,500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 64.3 days. The company has a market cap of $17.70 million and a price-to-earnings ratio of -1.03. The stock has a 50 day moving average
( ) has been the subject of a significant increase in short interests during the month May. On May 31, there were 64,300 shorted shares. This is a 24.9% increase from the 51,500 shares on May 15. The days-to-cover is currently 5.5 based on an average daily volume of 11,700 share.
Clean Earth acquisitions attract institutional investors
A recent institutional investor increased its stake in Clean Earth Acquisitions. According to the most recent SEC disclosure, the company's stock price increased by 33.2% in the fourth quarter. The institutional investor now owns 1,006,704 of the company stock, after purchasing an additional 258,804 during the last quarter. The price remained unchanged at $0.08 in the mid-day session on Friday. Clean Earth Acquisitions's twelve-month low is $0.03, and its twelve-month high is $0.20. The 50-day moving price of the company is $0.06, and its 200 day moving price is $0.07.
Clean Earth Acquisitions
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Clean Earth Acquisitions Corp. plans to acquire businesses or assets through a merger or other business combination, such as a capital stock exchange or stock purchase. It is focused on acquiring businesses in the clean energy eco-system, such as carbon, hydrogen and sustainable agriculture.
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