Crown ElectroKinetics Corp. (NASDAQ:CRKN) Sees Significant Growth in Short Interest

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,090,000 shares, an increase of 66.3% from the October 15th total of 655,300 shares. Currently, 14.6% of the company’s shares are short sold. Based on an average trading volume of 2,080,000 shares, the short-interest ratio is currently 0.5 days.

Crown ElectroKinetics Price Performance

CRKN traded down $0.04 during mid-day trading on Thursday, hitting $0.92. 528,093 shares of the stock were exchanged, compared to its average volume of 1,037,442. The firm’s fifty day moving average is $1.18 and its two-hundred day moving average is $5.01. Crown ElectroKinetics has a 1-year low of $0.80 and a 1-year high of $90.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.60 and a quick ratio of 1.60.

Crown ElectroKinetics (NASDAQ:CRKN) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($5.89) earnings per share (EPS) for the quarter. The business had revenue of $4.65 million during the quarter.

About Crown ElectroKinetics

Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It operates in two segments, Electrokinetic Film Technology and Fiber Optics. The company 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, residential skylight, and windows; and smart window inserts for retrofitting in commercial and residential settings offering dynamic tinting along with additional insulation and soundproofing.