ClearOne, Inc. (NASDAQ:CLRO) Stock Short Interest Report for September

by · The Markets Daily

ClearOne, Inc. (NASDAQ:CLRO – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 387,282 shares, a growth of 1,407.6% from the September 15th total of 25,688 shares. Approximately 14.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,712,550 shares, the days-to-cover ratio is presently 0.1 days.

ClearOne Stock Down 4.9%

NASDAQ CLRO traded down $0.20 during trading on Friday, hitting $3.91. The stock had a trading volume of 24,000 shares, compared to its average volume of 1,604,646. The company has a market capitalization of $10.48 million, a PE ratio of -3.40 and a beta of 0.10. The firm has a 50 day moving average price of $5.11 and a 200 day moving average price of $4.50. ClearOne has a twelve month low of $2.71 and a twelve month high of $16.50.

ClearOne (NASDAQ:CLRO – Get Free Report) last announced its earnings results on Friday, August 14th. The communications equipment provider reported ($0.34) earnings per share for the quarter.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CLRO. Wall Street Zen raised shares of ClearOne to a “sell” rating in a research note on Saturday, September 5th. Weiss Ratings reiterated a “sell (e+)” rating on shares of ClearOne in a report on Thursday, August 27th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Check Out Our Latest Stock Report on ClearOne

About ClearOne

(Get Free Report)

ClearOne, Inc (NASDAQ: CLRO) develops and supplies audio and visual communications solutions for professional collaboration and conferencing environments. Its offerings are designed to support voice and video communication in meeting rooms, classrooms, government facilities, healthcare settings, corporate offices, and other commercial applications.

The company’s product portfolio includes professional microphones, audio conferencing systems, digital signal processors, mixers, loudspeakers, amplifiers, video conferencing products, and related collaboration and network streaming solutions.

Featured Stories