Clover Leaf Capital Corp. (NASDAQ:CLOE) Short Interest Down 15.6% in August

Clover Leaf Capital Corp. (NASDAQ:CLOE) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 2,700 shares, a decline of 15.6% from the August 15th total of 3,200 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.8 days.

Institutional Trading of Clover Leaf Capital

An institutional investor recently raised its position in Clover Leaf Capital stock. Clear Street LLC grew its position in shares of Clover Leaf Capital Corp. (NASDAQ:CLOE) by 44.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,712 shares of the company’s stock after purchasing an additional 22,391 shares during the period. Clover Leaf Capital accounts for about 0.0% of Clear Street LLC’s investment portfolio, making the stock its 27th largest position. Clear Street LLC owned about 1.37% of Clover Leaf Capital worth $887,000 at the end of the most recent reporting period. 18.53% of the stock is currently owned by institutional investors.

Clover Leaf Capital Stock Performance

Shares of NASDAQ CLOE remained flat at $12.00 on Wednesday. The business has a fifty day moving average price of $12.21 and a two-hundred day moving average price of $12.21. Clover Leaf Capital has a 12-month low of $10.00 and a 12-month high of $14.10.

Clover Leaf Capital (NASDAQ:CLOE) last posted its earnings results on Thursday, August 15th. The company reported ($0.07) earnings per share (EPS) for the quarter.

About Clover Leaf Capital

Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other business combination with one or more businesses. It intends to acquire companies operating in the cannabis industry.