ClearSign Combustion Corporation (NASDAQ:CLIR) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 1,659,612 shares, a growth of 69.8% from the November 30th total of 977,587 shares. Based on an average daily trading volume, of 847,168 shares, the days-to-cover ratio is presently 2.0 days. Approximately 11.4% of the shares of the company are sold short.
ClearSign Combustion (CLIR) opened at $3.60 on Friday. ClearSign Combustion has a 12 month low of $1.75 and a 12 month high of $4.70. The company has a quick ratio of 2.77, a current ratio of 2.77 and a debt-to-equity ratio of 0.05. The stock has a market cap of $60.08, a price-to-earnings ratio of -5.71 and a beta of 0.07.
ClearSign Combustion (NASDAQ:CLIR) last posted its earnings results on Thursday, November 9th. The technology company reported ($0.16) earnings per share (EPS) for the quarter.
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ClearSign Combustion Company Profile
ClearSign Combustion Corporation is engaged in designing and developing technologies for the purpose of managing performance characteristics of combustion systems, including emission and operational performance, and energy efficiency. The Company’s Duplex and Electrodynamic Combustion Control (ECC) platform technologies manage the performance of combustion systems in a range of markets, including the energy (upstream oil production and down-stream refining), commercial/industrial boiler, chemical, petrochemical, and power industries.
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