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ClimateRock (NASDAQ:CLRCW) Sees Large Decline in Short Interest

kopsource ·  Oct 18, 2022 13:12

ClimateRock (NASDAQ:CLRCW – Get Rating) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totalling 18,200 shares, a drop of 5.2% from the September 15th total of 19,200 shares. Based on an average trading volume of 7,700 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Trading of ClimateRock

A hedge fund recently bought a new stake in ClimateRock stock. Cowen AND Company LLC bought a new stake in ClimateRock (NASDAQ:CLRCW – Get Rating) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 233,885 shares of the company's stock, valued at approximately $27,000.

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ClimateRock Price Performance

NASDAQ:CLRCW remained flat at $0.06 during mid-day trading on Tuesday. The firm's 50 day moving average price is $0.07. ClimateRock has a 12 month low of $0.04 and a 12 month high of $0.12.

About ClimateRock

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ClimateRock focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to pursue an initial business combination within climate change, environment, renewable energy and emerging, and clean technologies.

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