Short Interest in Clever Leaves Holdings Inc. (NASDAQ:CLVRW) Grows By 200.0%

Clever Leaves Holdings Inc. (NASDAQ:CLVRW) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 300 shares, an increase of 200.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 18,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Clever Leaves stock. Walleye Capital LLC boosted its stake in shares of Clever Leaves Holdings Inc. (NASDAQ:CLVRW) by 12.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 520,739 shares of the company’s stock after purchasing an additional 58,664 shares during the period. Walleye Capital LLC’s holdings in Clever Leaves were worth $219,000 at the end of the most recent reporting period.

Clever Leaves Stock Performance

Shares of NASDAQ CLVRW opened at $0.02 on Friday. The firm’s 50 day moving average price is $0.02 and its 200-day moving average price is $0.02. Clever Leaves has a 52-week low of $0.01 and a 52-week high of $0.09.

Clever Leaves Company Profile

Clever Leaves Holdings Inc operates in the botanical cannabinoid and nutraceutical industries. The company operates through two segments, Cannabinoid and Non-Cannabinoid. The Cannabinoid segment engages in the cultivation, extraction, manufacturing, commercialization, and distribution of cannabinoid products internationally.