ClearThink 1 Acquisition Corp. (NASDAQ:CTAA – Get Free Report) saw a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 109 shares, a drop of 96.1% from the July 15th total of 2,810 shares. Based on an average daily trading volume, of 21,248 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
ClearThink 1 Acquisition Stock Up 0.4%
Shares of CTAA traded up $0.04 during trading hours on Thursday, hitting $9.95. The company’s stock had a trading volume of 2,031 shares, 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 company has a 50 day moving average price of $9.94.
Analyst Ratings Changes
Separately, Weiss Ratings started coverage on shares of ClearThink 1 Acquisition in a 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, Based on data from MarketBeat.com, the company has a consensus 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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