Green Circle Decarbonize Technology Limited (NYSEAMERICAN:GCDT) Stock Short Interest Report for September

Green Circle Decarbonize Technology Limited (NYSEAMERICAN:GCDT) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 635,643 shares, a growth of 1,327.4% from the September 15th total of 44,530 shares. Currently, 29.6% of the company’s stock are sold short. Based on an average trading volume of 27,761,423 shares, the short-interest ratio is presently 0.0 days.

Green Circle Decarbonize Technology Stock Down 11.7%

Green Circle Decarbonize Technology stock traded down $0.07 during mid-day trading on Friday, reaching $0.50. 1,119,313 shares of the stock traded hands, compared to its average volume of 3,827,604. Green Circle Decarbonize Technology has a 12-month low of $0.44 and a 12-month high of $35.10. The business’s 50-day moving average is $2.55 and its 200-day moving average is $3.88.

Green Circle Decarbonize Technology (NYSEAMERICAN:GCDT) last issued its earnings results on Friday, August 14th. The company reported ($0.39) earnings per share for the quarter. The company had revenue of $0.84 million for the quarter.

Green Circle Decarbonize Technology Company Profile

Green Circle Decarbonize Technology Limited is a special purpose acquisition company (SPAC) focused on identifying and completing a business combination with a company operating in the decarbonization technology sector.

The company does not appear to operate a commercial product or service business of its own. Its stated focus is to pursue a merger, share exchange, asset acquisition, or similar transaction with a business involved in technologies or solutions intended to reduce carbon emissions and support the transition to a lower-carbon economy.

As a newly formed acquisition vehicle, Green Circle Decarbonize Technology’s operations and future activities depend on the completion of a business combination.