Cellebrite DI Ltd. (NASDAQ:CLBTW) Short Interest Update
decline of 58.1% from the May 15th total of 30,700 shares. Based on an average daily volume of 24,000 shares, the days-to-cover ratio is presently 0.5 days. This company had a 58.1% decline in short interest in May.
( ) saw a significant drop in short interest for the month of may. On May 31, there were 12,900 shorted shares. This is a 17.3% decrease from the total of 15,600 on May 15. The short-interest rate is currently 0.4 day based on a daily average trading volume of 28,800 share.
Cellebrite DI Price Performance
The price of the stock remained unchanged at $1.07 in Friday's trading. Stock of the company traded at 346,375 shares versus its average of 35,895. The 50-day moving average of the company is $0.83. A number of institutional investors recently changed their positions on the stock. Crescent Park Management L.P. increased its holdings in Cellebrite DI shares by 5.5% over the first quarter. Crescent Park Management L.P. owns now 531,887 of the company stock valued at $457,000. This is after buying an additional 27,666 in the last quarter. Fort Baker Capital Management LP purchased a new stake of shares in Cellebrite DI at a price of $481,000. Josh Arnold Investment Consultant LLC purchased a new stake of shares in Cellebrite DI at the end of the fourth quarter, valued at approximately $506,000.
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