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

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the recipient of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 269,800 shares, a growth of 18.2% from the February 13th total of 228,300 shares. Based on an average daily volume of 428,900 shares, the short-interest ratio is currently 0.6 days. Approximately 17.5% of the shares of the company are sold short.

Crown ElectroKinetics Trading Down 2.3 %

Shares of NASDAQ:CRKN opened at $3.91 on Friday. The firm’s 50 day moving average price is $7.32 and its 200-day moving average price is $81.97. Crown ElectroKinetics has a twelve month low of $1.80 and a twelve month high of $13,500.00. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.03.

Hedge Funds Weigh In On Crown ElectroKinetics

An institutional investor recently bought a new position in Crown ElectroKinetics stock. LPL Financial LLC acquired a new position in Crown ElectroKinetics Corp. (NASDAQ:CRKN) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 337,000 shares of the company’s stock, valued at approximately $48,000. LPL Financial LLC owned 21.74% of Crown ElectroKinetics as of its most recent SEC filing. Institutional investors own 5.28% of the company’s stock.

Crown ElectroKinetics Company Profile

Crown ElectroKinetics Corp. engages in the commercialization of electro kinetic technology for use in the smart glass market. It develops and sells optical switching film that can be embedded between glass or applied to the surface of glass or other rigid substrates such as acrylic, to electronically control opacity.