ClearSign Technologies Co. (NASDAQ:CLIR – Get Rating) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 459,800 shares, a decrease of 29.3% from the March 15th total of 650,400 shares. Approximately 1.8% of the shares of the company are sold short. Based on an average trading volume of 82,300 shares, the days-to-cover ratio is presently 5.6 days.
Several large investors have recently modified their holdings of CLIR. Morgan Stanley boosted its position in shares of ClearSign Technologies by 26.4% in the first quarter. Morgan Stanley now owns 108,343 shares of the technology company’s stock worth $615,000 after purchasing an additional 22,603 shares during the period. Millennium Management LLC bought a new position in ClearSign Technologies in the 2nd quarter worth $94,000. Close Asset Management Ltd boosted its holdings in ClearSign Technologies by 211.1% in the 3rd quarter. Close Asset Management Ltd now owns 14,000 shares of the technology company’s stock worth $28,000 after buying an additional 9,500 shares during the period. Avidian Wealth Solutions LLC boosted its holdings in ClearSign Technologies by 30.3% in the 3rd quarter. Avidian Wealth Solutions LLC now owns 115,995 shares of the technology company’s stock worth $232,000 after buying an additional 27,000 shares during the period. Finally, Moors & Cabot Inc. bought a new position in ClearSign Technologies in the 3rd quarter worth $42,000. Hedge funds and other institutional investors own 8.65% of the company’s stock.
The business has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $1.49. ClearSign Technologies has a one year low of $1.00 and a one year high of $5.44.
About ClearSign Technologies (Get Rating)
ClearSign Technologies Corporation designs and develops products and technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China. Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications.
- Get a free copy of the StockNews.com research report on ClearSign Technologies (CLIR)
- Institutions And Analysts Drive UnitedHealth Group Higher
- MarketBeat: Week in Review 4/11 – 4/15
- Three Beaten Down Mega Caps The Analysts Are Upgrading
- Top 3 Safe Stocks for Conservative Investors
- Array Technologies Stock Giving Another Ground Floor Entry
Receive News & Ratings for ClearSign Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearSign Technologies and related companies with MarketBeat.com's FREE daily email newsletter.