ClearThink 1 Acquisition Corp. (NASDAQ:CTAA) Sees Significant Drop in Short Interest

ClearThink 1 Acquisition Corp. (NASDAQ:CTAA – Get Free Report) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 79 shares, a drop of 44.4% from the September 15th total of 142 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 27,331 shares, the days-to-cover ratio is currently 0.0 days.

ClearThink 1 Acquisition Trading Up 0.1%

NASDAQ CTAA traded up $0.01 on Thursday, hitting $10.01. 1,008 shares of the stock traded hands, compared to its average volume of 76,434. The stock’s fifty day simple moving average is $9.98. ClearThink 1 Acquisition has a 12 month low of $9.82 and a 12 month high of $10.01.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised ClearThink 1 Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

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