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Clean Earth Acquisitions Corp. (NASDAQ:CLINR) Sees Significant Growth in Short Interest

kopsource ·  Dec 14, 2022 15:51

Clean Earth Acquisitions Corp. (NASDAQ:CLINR – Get Rating) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 28,800 shares, a growth of 487.8% from the November 15th total of 4,900 shares. Based on an average trading volume of 85,700 shares, the days-to-cover ratio is presently 0.3 days.

Clean Earth Acquisitions Stock Performance

NASDAQ:CLINR remained flat at $0.14 on Wednesday. Clean Earth Acquisitions has a 52 week low of $0.08 and a 52 week high of $0.49. The company has a fifty day simple moving average of $0.14 and a 200-day simple moving average of $0.16.

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Institutional Investors Weigh In On Clean Earth Acquisitions

Several large investors have recently modified their holdings of the company. Linden Advisors LP bought a new stake in Clean Earth Acquisitions in the second quarter worth approximately $300,000. Clear Street LLC lifted its position in shares of Clean Earth Acquisitions by 39.8% during the 3rd quarter. Clear Street LLC now owns 1,337,553 shares of the company's stock valued at $294,000 after acquiring an additional 380,547 shares during the period. Periscope Capital Inc. lifted its position in shares of Clean Earth Acquisitions by 106.9% during the 3rd quarter. Periscope Capital Inc. now owns 1,240,540 shares of the company's stock valued at $271,000 after acquiring an additional 640,840 shares during the period. Shaolin Capital Management LLC bought a new position in Clean Earth Acquisitions during the third quarter worth $149,000. Finally, Bracebridge Capital LLC acquired a new stake in Clean Earth Acquisitions in the second quarter worth $114,000.

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