ClearThink 1 Acquisition Corp (NASDAQ:CTAAU – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 6 shares, a decrease of 40.0% from the September 30th total of 10 shares. Based on an average daily volume of 143 shares, the days-to-cover ratio is presently 0.0 days.
ClearThink 1 Acquisition Price Performance
Shares of NASDAQ:CTAAU opened at $10.27 on Friday. The firm has a fifty day moving average price of $10.14 and a two-hundred day moving average price of $10.07. ClearThink 1 Acquisition has a one year low of $9.94 and a one year high of $10.38.
ClearThink 1 Acquisition Company Profile
ClearThink 1 Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction could take the form of a merger, share exchange, asset acquisition, reorganization, or similar corporate transaction.
As a blank-check company, ClearThink 1 Acquisition Corp. does not have significant operating activities, products, or services of its own. Its principal objective is to raise capital through a public offering and use the proceeds, subject to applicable conditions, to pursue a suitable target business.
The company’s publicly available profile provides limited information about a specific target industry, geographic focus, or completed transaction.
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