ClearThink 1 Acquisition Corp. (NASDAQ:CTAA) Sees Significant Decline in Short Interest

ClearThink 1 Acquisition Corp. (NASDAQ:CTAAGet Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 109 shares, a decrease of 96.1% from the July 15th total of 2,810 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 21,248 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of ClearThink 1 Acquisition in a research note on Monday, July 13th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Research Report on CTAA

ClearThink 1 Acquisition Trading Up 0.4%

Shares of NASDAQ:CTAA traded up $0.04 during midday trading on Tuesday, hitting $9.95. 2,031 shares of the stock were exchanged, compared to its average volume of 78,101. ClearThink 1 Acquisition has a 52-week low of $9.82 and a 52-week high of $10.00. The stock’s fifty day moving average is $9.93.

ClearThink 1 Acquisition Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for ClearThink 1 Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearThink 1 Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.