Crown ElectroKinetics Corp. (NASDAQ:CRKN) Short Interest Down 99.5% in June

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the target of a large drop in short interest in June. As of June 15th, there was short interest totalling 136,900 shares, a drop of 99.5% from the May 31st total of 27,460,000 shares. Based on an average daily trading volume, of 1,110,000 shares, the short-interest ratio is currently 0.1 days. Currently, 4.9% of the shares of the stock are short sold.

Crown ElectroKinetics Stock Performance

Shares of Crown ElectroKinetics stock traded up $1.31 during trading hours on Thursday, reaching $5.03. The company’s stock had a trading volume of 2,813,009 shares, compared to its average volume of 619,826. Crown ElectroKinetics has a one year low of $3.37 and a one year high of $1,276.20. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.47 and a current ratio of 0.47. The firm has a 50 day moving average price of $11.40 and a 200-day moving average price of $14.01.

Crown ElectroKinetics (NASDAQ:CRKN) last posted its quarterly earnings data on Monday, May 20th. The company reported ($19.50) earnings per share (EPS) for the quarter. The firm had revenue of $0.68 million during the quarter.

Crown ElectroKinetics Company Profile

Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It 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, and residential skylight, and windows.