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

Crown ElectroKinetics Corp. (NASDAQ:CRKN) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,090,000 shares, a growth of 66.3% from the October 15th total of 655,300 shares. Approximately 14.6% of the company’s stock are short sold. Based on an average trading volume of 2,080,000 shares, the short-interest ratio is currently 0.5 days.

Crown ElectroKinetics Stock Down 4.2 %

NASDAQ:CRKN traded down $0.04 during mid-day trading on Thursday, reaching $0.92. 528,093 shares of the stock were exchanged, compared to its average volume of 1,037,442. The company has a 50 day simple moving average of $1.18 and a 200-day simple moving average of $5.01. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.03. Crown ElectroKinetics has a 1 year low of $0.80 and a 1 year high of $90.00.

Crown ElectroKinetics (NASDAQ:CRKN) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($5.89) earnings per share (EPS) for the quarter. The company had revenue of $4.65 million during the quarter.

About Crown ElectroKinetics

Crown Electrokinetics Corp. develops and sells optical switching films in the United States. It operates in two segments, Electrokinetic Film Technology and Fiber Optics. The company 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, residential skylight, and windows; and smart window inserts for retrofitting in commercial and residential settings offering dynamic tinting along with additional insulation and soundproofing.