Short Interest in Crown ElectroKinetics Corp. (NASDAQ:CRKN) Increases By 32.0%

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 436,000 shares, a growth of 32.0% from the September 15th total of 330,400 shares. Based on an average trading volume of 955,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 10.0% of the shares of the stock are short sold.

Crown ElectroKinetics Stock Performance

Shares of CRKN stock traded down $0.06 during trading hours on Tuesday, hitting $1.34. 657,420 shares of the company’s stock were exchanged, compared to its average volume of 1,056,628. Crown ElectroKinetics has a 12-month low of $1.06 and a 12-month high of $90.00. The business’s 50 day simple moving average is $1.52 and its 200-day simple moving average is $6.04. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.03.

Crown ElectroKinetics (NASDAQ:CRKN) last issued its earnings results on Wednesday, August 14th. The company reported ($5.89) EPS for the quarter. The company had revenue of $4.65 million for the quarter.

About Crown ElectroKinetics

Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It operates in two segments, Electrokinetic Film Technology and Fiber Optics. The company offers DynamicTint technology, which allows transition between clear and dark in seconds that can be applied to a wide array of windows, including commercial buildings, automotive sunroofs, residential skylight, and windows; and smart window inserts for retrofitting in commercial and residential settings offering dynamic tinting along with additional insulation and soundproofing.