ClearThink 1 Acquisition Corp. (NASDAQ:CTAA) Short Interest Update

ClearThink 1 Acquisition Corp. (NASDAQ:CTAA) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 142 shares, a drop of 48.0% from the August 31st total of 273 shares. Based on an average trading volume of 61 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.0% of the shares of the company are sold short.

ClearThink 1 Acquisition Stock Up 0.2%

CTAA traded up $0.01 on Thursday, reaching $9.96. The company had a trading volume of 391 shares, compared to its average volume of 71,276. The firm has a fifty day moving average of $9.97. ClearThink 1 Acquisition has a one year low of $9.82 and a one year high of $10.00.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on ClearThink 1 Acquisition in a research note on Monday, July 13th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

About ClearThink 1 Acquisition

ClearThink 1 Acquisition Corp. (NASDAQ: CTAA) is a special purpose acquisition company, or SPAC. The company was formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating businesses.

Unlike an operating company, ClearThink 1 Acquisition does not appear to offer products or services of its own. Its activities are primarily focused on identifying and evaluating potential acquisition targets and completing a business combination.

Publicly available information about the company’s target industry, geographic focus, completed transactions and leadership is limited.