Crown Proptech Acquisitions (NYSE:CPTK – Get Rating) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 9,600 shares, an increase of 81.1% from the March 15th total of 5,300 shares. Based on an average trading volume of 54,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.
Shares of CPTK traded down $0.01 during trading on Friday, reaching $9.89. The company’s stock had a trading volume of 23,502 shares, compared to its average volume of 12,765. The company has a fifty day moving average of $9.87 and a two-hundred day moving average of $9.85. Crown Proptech Acquisitions has a twelve month low of $9.57 and a twelve month high of $10.00.
Separately, DA Davidson initiated coverage on Crown Proptech Acquisitions in a report on Thursday, February 17th. They issued a “buy” rating and a $13.00 price target for the company.
Crown Proptech Acquisitions Company Profile (Get Rating)
Crown PropTech Acquisitions focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.
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