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Clean Earth Acquisitions Corp. (NASDAQ:CLIN) Short Interest Update

kopsource ·  Jan 22, 2023 23:21

Clean Earth Acquisitions Corp. (NASDAQ:CLIN – Get Rating) saw a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 3,600 shares, a growth of 9.1% from the December 15th total of 3,300 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 33,500 shares, the short-interest ratio is presently 0.1 days.

Clean Earth Acquisitions Price Performance

Shares of NASDAQ:CLIN traded up $0.01 on Friday, reaching $10.13. 76,773 shares of the company traded hands, compared to its average volume of 20,120. The company's 50 day moving average is $10.04 and its 200-day moving average is $9.94. Clean Earth Acquisitions has a fifty-two week low of $9.79 and a fifty-two week high of $10.51.

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Institutional Trading of Clean Earth Acquisitions

Large investors have recently added to or reduced their stakes in the company. Berkley W R Corp acquired a new stake in Clean Earth Acquisitions during the 2nd quarter valued at $631,000. Polar Asset Management Partners Inc. acquired a new stake in Clean Earth Acquisitions during the 3rd quarter valued at $870,000. Cubist Systematic Strategies LLC acquired a new stake in Clean Earth Acquisitions during the 2nd quarter valued at $1,330,000. Bank of Montreal Can acquired a new stake in Clean Earth Acquisitions during the 2nd quarter valued at $1,344,000. Finally, Karpus Management Inc. acquired a new stake in Clean Earth Acquisitions during the 3rd quarter valued at $1,481,000. 64.37% of the stock is owned by institutional investors and hedge funds.

About Clean Earth Acquisitions

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Clean Earth Acquisitions Corp. intends to acquire assets or businesses through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. It focuses on acquiring companies in the clean energy ecosystem, including carbon, hydrogen, sustainable agriculture, and renewable energy.

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