ClearThink 1 Acquisition Corp. (NASDAQ:CTAA – Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 109 shares, a decrease of 96.1% from the July 15th total of 2,810 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,248 shares, the short-interest ratio is currently 0.0 days.
ClearThink 1 Acquisition Stock Performance
Shares of NASDAQ:CTAA traded up $0.04 during mid-day trading on Tuesday, hitting $9.95. The stock had a trading volume of 2,031 shares, compared to its average volume of 78,101. The firm’s 50 day simple moving average is $9.93. ClearThink 1 Acquisition has a 12-month low of $9.82 and a 12-month high of $10.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings assumed coverage on ClearThink 1 Acquisition in a research note on Monday, July 13th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, ClearThink 1 Acquisition presently 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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