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

Crown ElectroKinetics Corp. (NASDAQ:CRKN) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 136,900 shares, a decrease of 99.5% from the May 31st total of 27,460,000 shares. Currently, 4.9% of the company’s stock are sold short. Based on an average daily trading volume, of 1,110,000 shares, the short-interest ratio is presently 0.1 days.

Crown ElectroKinetics Price Performance

CRKN stock opened at $5.03 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.47 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average of $11.34 and a 200-day moving average of $13.95. Crown ElectroKinetics has a fifty-two week low of $3.37 and a fifty-two week high of $1,276.20.

Crown ElectroKinetics (NASDAQ:CRKN) last released its earnings results on Monday, May 20th. The company reported ($19.50) earnings per share (EPS) for the quarter. The company had revenue of $0.68 million during the quarter.

About Crown ElectroKinetics

Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It 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, and residential skylight, and windows.