Spectaire Holdings Inc. (NASDAQ:SPEC) Sees Significant Increase in Short Interest

Spectaire Holdings Inc. (NASDAQ:SPEC) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 435,800 shares, an increase of 1,228.7% from the May 31st total of 32,800 shares. Approximately 5.5% of the shares of the stock are sold short. Based on an average trading volume of 3,180,000 shares, the short-interest ratio is presently 0.1 days.

Spectaire Price Performance

Shares of SPEC remained flat at $0.50 during trading hours on Friday. The company had a trading volume of 229,891 shares, compared to its average volume of 2,224,351. Spectaire has a fifty-two week low of $0.28 and a fifty-two week high of $15.40. The company’s fifty day moving average price is $0.47 and its two-hundred day moving average price is $1.11.

Spectaire (NASDAQ:SPEC) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.11). As a group, equities analysts expect that Spectaire will post -0.18 EPS for the current fiscal year.

Spectaire Company Profile

Spectaire Holdings Inc provides solutions that measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. The company offers AireCore, an integrated hardware, software, and data platform for logistics and supply chain players that uses mass spectrometry to directly measure their emissions.