Crown ElectroKinetics Corp. (NASDAQ:CRKN) Short Interest Down 97.3% in January

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the target of a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 177,300 shares, a drop of 97.3% from the January 15th total of 6,610,000 shares. Based on an average daily volume of 406,300 shares, the short-interest ratio is currently 0.4 days. Currently, 11.5% of the company’s shares are sold short.

Crown ElectroKinetics Price Performance

Shares of CRKN stock opened at $5.33 on Thursday. Crown ElectroKinetics has a fifty-two week low of $5.23 and a fifty-two week high of $13,500.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $18.13 and a two-hundred day simple moving average of $135.06.

Institutional Trading of Crown ElectroKinetics

An institutional investor recently bought a new position in Crown ElectroKinetics stock. LPL Financial LLC bought a new position in shares of Crown ElectroKinetics Corp. (NASDAQ:CRKN) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 337,000 shares of the company’s stock, valued at approximately $48,000. LPL Financial LLC owned approximately 21.74% of Crown ElectroKinetics as of its most recent SEC filing. Hedge funds and other institutional investors own 5.28% of the company’s stock.

Crown ElectroKinetics Company Profile

Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity.