Green Circle Decarbonize Technology Limited (NYSEAMERICAN:GCDT) Shares Shorted: Short Interest Up 1,327.4% in September

Green Circle Decarbonize Technology Limited (NYSEAMERICAN:GCDT) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 635,643 shares, an increase of 1,327.4% from the September 15th total of 44,530 shares. Currently, 29.6% of the shares of the stock are sold short. Based on an average trading volume of 27,761,423 shares, the short-interest ratio is presently 0.0 days.

Green Circle Decarbonize Technology Trading Down 11.7%

Shares of Green Circle Decarbonize Technology stock traded down $0.07 on Friday, hitting $0.50. The company had a trading volume of 1,119,313 shares, compared to its average volume of 3,827,604. The business has a 50-day simple moving average of $2.55 and a 200-day simple moving average of $3.88. Green Circle Decarbonize Technology has a 52 week low of $0.44 and a 52 week high of $35.10.

Green Circle Decarbonize Technology (NYSEAMERICAN:GCDT) last posted its quarterly earnings data on Friday, August 14th. The company reported ($0.39) EPS for the quarter. The company had revenue of $0.84 million for the quarter.

Green Circle Decarbonize Technology Company Profile

Green Circle Decarbonize Technology Limited is a special purpose acquisition company (SPAC) focused on identifying and completing a business combination with a company operating in the decarbonization technology sector.

The company does not appear to operate a commercial product or service business of its own. Its stated focus is to pursue a merger, share exchange, asset acquisition, or similar transaction with a business involved in technologies or solutions intended to reduce carbon emissions and support the transition to a lower-carbon economy.

As a newly formed acquisition vehicle, Green Circle Decarbonize Technology’s operations and future activities depend on the completion of a business combination.