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

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 1,590,000 shares, an increase of 890.7% from the March 31st total of 160,500 shares. Approximately 3.1% of the company’s shares are sold short. Based on an average trading volume of 3,550,000 shares, the days-to-cover ratio is currently 0.4 days.

Crown ElectroKinetics Stock Performance

NASDAQ CRKN remained flat at $0.05 on Thursday. 3,296,068 shares of the company’s stock traded hands, compared to its average volume of 3,209,341. Crown ElectroKinetics has a 1 year low of $0.04 and a 1 year high of $16.66. The stock’s fifty day simple moving average is $0.07 and its 200-day simple moving average is $0.14. The company has a market capitalization of $2.59 million, a price-to-earnings ratio of 0.00 and a beta of 0.75.

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.