ClearSign Combustion Corporation (CLIR) Short Interest Update

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.

Large investors have recently bought and sold shares of the stock. ICM Asset Management Inc. WA grew its stake in ClearSign Combustion by 62.7% in the 3rd quarter. ICM Asset Management Inc. WA now owns 300,925 shares of the technology company’s stock valued at $1,068,000 after buying an additional 115,925 shares during the last quarter. National Asset Management Inc. grew its stake in ClearSign Combustion by 37.5% in the 2nd quarter. National Asset Management Inc. now owns 75,230 shares of the technology company’s stock valued at $286,000 after buying an additional 20,500 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in ClearSign Combustion by 2.2% in the 2nd quarter. Vanguard Group Inc. now owns 336,914 shares of the technology company’s stock valued at $1,281,000 after buying an additional 7,194 shares during the last quarter. Institutional investors and hedge funds own 9.86% of the company’s stock.

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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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