CTW Cayman (NASDAQ:CTW – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 28,054 shares, a decrease of 33.9% from the August 15th total of 42,431 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 26,882 shares, the short-interest ratio is presently 1.0 days.
Institutional Trading of CTW Cayman
An institutional investor recently bought a new position in CTW Cayman stock. Pinnacle Associates Ltd. acquired a new stake in shares of CTW Cayman (NASDAQ:CTW – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,000 shares of the company’s stock, valued at approximately $26,000.
CTW Cayman Stock Down 7.3%
Shares of NASDAQ:CTW opened at $2.16 on Friday. CTW Cayman has a fifty-two week low of $1.10 and a fifty-two week high of $3.14. The firm has a 50-day simple moving average of $2.48 and a 200 day simple moving average of $2.41.
Analysts Set New Price Targets
View Our Latest Stock Report on CTW
CTW Cayman Company Profile
CTW Cayman Corp. is a blank check company incorporated in the Cayman Islands. The company was formed to pursue a business combination, such as a merger, share exchange, asset acquisition, share purchase, reorganization or similar transaction, with one or more operating businesses.
CTW Cayman has not identified a specific target or established ongoing commercial operations. Its activities are focused primarily on evaluating potential acquisition opportunities and completing an initial business combination.
The company’s intended target industry and geographic focus have not been publicly specified.
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