ClearSign Technologies Co. (NASDAQ:CLIR) Short Interest Down 6.0% in March

ClearSign Technologies Co. (NASDAQ:CLIRGet Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 326,300 shares, a decrease of 6.0% from the February 29th total of 347,300 shares. Based on an average daily volume of 69,900 shares, the short-interest ratio is currently 4.7 days.

Institutional Trading of ClearSign Technologies

Hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. purchased a new stake in shares of ClearSign Technologies during the second quarter valued at about $33,000. Renaissance Technologies LLC purchased a new position in shares of ClearSign Technologies in the 2nd quarter valued at approximately $38,000. Bank of Montreal Can raised its position in shares of ClearSign Technologies by 49.2% in the 1st quarter. Bank of Montreal Can now owns 53,400 shares of the technology company’s stock valued at $91,000 after purchasing an additional 17,600 shares during the last quarter. HighTower Advisors LLC purchased a new position in shares of ClearSign Technologies in the 3rd quarter valued at approximately $137,000. Finally, BlackRock Inc. raised its position in shares of ClearSign Technologies by 5.4% in the 2nd quarter. BlackRock Inc. now owns 281,854 shares of the technology company’s stock valued at $369,000 after purchasing an additional 14,486 shares during the last quarter. 24.03% of the stock is owned by hedge funds and other institutional investors.

ClearSign Technologies Trading Up 0.8 %

Shares of ClearSign Technologies stock opened at $1.00 on Wednesday. ClearSign Technologies has a 1 year low of $0.75 and a 1 year high of $1.75. The firm’s 50-day moving average is $1.05 and its two-hundred day moving average is $1.06.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of ClearSign Technologies in a report on Sunday. They issued a “sell” rating on the stock.

Get Our Latest Research Report on ClearSign Technologies

About ClearSign Technologies

(Get Free Report)

ClearSign Technologies Corporation designs and develops technologies to enhance operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States and the People's Republic of China. Its ClearSign Core Burner Technology consists of an industrial burner body and a downstream porous ceramic structure or metal flame stabilizing device; ClearSign Core Plug & Play Burner technology provides direct burner replacement for traditional refinery process heaters; and ClearSign Eye Flame Sensor, an electrical flame sensor for industrial applications.

Further Reading

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