Short Interest in Crown ElectroKinetics Corp. (NASDAQ:CRKN) Increases By 290.9%

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 2,250,000 shares, an increase of 290.9% from the November 15th total of 575,600 shares. Currently, 24.3% of the company’s stock are sold short. Based on an average trading volume of 6,810,000 shares, the days-to-cover ratio is presently 0.3 days.

Crown ElectroKinetics Stock Performance

Shares of CRKN stock traded down $0.01 during mid-day trading on Wednesday, reaching $0.23. 8,972,453 shares of the company were exchanged, compared to its average volume of 2,429,306. The business’s 50 day simple moving average is $0.88 and its 200 day simple moving average is $3.33. Crown ElectroKinetics has a fifty-two week low of $0.21 and a fifty-two week high of $90.00. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.03.

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.