ClearSign Technologies Co. (NASDAQ:CLIR) Short Interest Down 5.1% in November

ClearSign Technologies Co. (NASDAQ:CLIR - Get Free Report) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 235,500 shares, a drop of 5.1% from the November 15th total of 248,100 shares. Based on an average daily trading volume, of 121,100 shares, the short-interest ratio is currently 1.9 days.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CLIR. HC Wainwright reissued a "buy" rating and issued a $6.00 target price on shares of ClearSign Technologies in a research report on Thursday, August 22nd. StockNews.com started coverage on shares of ClearSign Technologies in a research note on Thursday, December 12th. They set a "sell" rating on the stock.

ClearSign Technologies Trading Down 4.3 %

NASDAQ:CLIR traded down $0.05 on Tuesday, hitting $1.10. 65,000 shares of the stock were exchanged, compared to its average volume of 81,947. The stock has a market cap of $55.26 million, a PE ratio of -10.00 and a beta of 1.14. ClearSign Technologies has a fifty-two week low of $0.62 and a fifty-two week high of $1.35. The stock has a fifty day moving average of $0.97 and a 200-day moving average of $0.85.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ClearSign Technologies stock. Geode Capital Management LLC lifted its holdings in ClearSign Technologies Co. (NASDAQ:CLIR - Free Report) by 35.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 521,229 shares of the technology company's stock after acquiring an additional 136,639 shares during the period. Geode Capital Management LLC owned approximately 1.04% of ClearSign Technologies worth $443,000 as of its most recent SEC filing. Institutional investors and hedge funds own 24.03% of the company's stock.

About ClearSign Technologies

ClearSign Technologies Corporation designs and develops products and technologies to enhance emission and operational performance, energy efficiency, emission reduction, safety, and overall cost-effectiveness of industrial and commercial systems in the United States, the People's Republic of China, and Hong Kong.