There was a discernible increase in the total number of short positions in shares of CleanSpark, INC, during February.
There were a total of 5 000,000 shares available for a short sale as of January 31st, but as of February 15th, there were 6,400,000 shares available for a short sale.
This represents a 28.0% increase from the total shares available for a short sale as of January 31st.
The current days-to-cover ratio is 1.8 days, calculated based on an average daily trading volume of 3,590,000 shares.
This number was arrived at after taking into account the historical data.
Several significant investors have been actively buying and selling CLSK shares for the past few months.
During the first three months of the year, JPMorgan Chase & Co increased the amount of CleanSpark stock owned by 14.1%, bringing its total ownership to 100%.
After making an additional purchase of 2,678 shares during the most recent quarter, JPMorgan Chase & Co now has a total stake in the company that is equal to a value of $268,000of the year; JPMorgan Chase & Co increased the amount of CleanSpark stock that is owned by 14.1%, bringing its total ownership to 100%.
After making an additional purchase of 2,678 shares during the most recent quarter, JPMorgan Chase & Co now has a total stake in the company equal to $268,000.
Because of this, the total number of shares that the company owns has increased to 21,634, and each share is currently worth $268,000 in value.
The Bank of New York Mellon Corporation purchased an additional 8.9 percent of CleanSpark during the first three months of 2018.
The Bank of New York Mellon Corporation presently possesses 183,219 shares of the company, which have a market value of $2,266,000.
This is a direct result of the purchase of 14,977 additional shares in the company during the most recent fiscal quarter.
During the first quarter of the fiscal year, MetLife Investment Management LLC purchased an additional 58.5% stake in CleanSpark. Following purchasing 8,294 additional shares during the most recent quarter, MetLife Investment Management LLC now holds 22,472 shares.
Based on the current share price, this gives the company a market value of $278,000.
During the first three months of 2018, Rhumbline Advisers increased the percentage of ownership it holds in CleanSpark by 15.2%.
As a result of the purchase of 6,407 additional shares over the preceding three months, Rhumbline Advisers now directly owns 48,466 shares in the company.
These shares have a value of $600,000, and Rhumbline Advisers is the company’s sole shareholder.
And finally, during the first three months of this year, BlackRock INC increased its ownership of CleanSpark by 10.8% by purchasing additional company shares.
BlackRock INC now holds 2,524,449 shares in the company following the purchase of an additional 246,633 shares during the most recent quarter.
As of the end of the most recent quarter, the value of these shares is $31,228,000.
The combined holdings of the company’s stock by institutional investors and hedge funds amount to 25.47% of the company’s total stock.
Gary Anthony Vecchiarelli, the company’s Chief Financial Officer, purchased 19,400 shares of the company’s stock on December 16th, according to additional information about this subject matter.
The overall price paid for each share during the transaction was $1.78, which brought the total amount spent on the acquisition up to $34,532.00.
As a result of the purchase, the Chief Financial Officer (CFO) now owns 147,157 shares.
Based on their current market price, these shares have an approximate value of $261,939.46. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. Company insiders hold 3.88% of their stock in their accounts.
NASDAQ CLSK reached $2.59 at one point during trading on Friday, which is an increase of $0.05 from the previous day’s closing price.
The company’s stock changed hands a total of 1,874,012, with an average volume of 4,143,807 shares being traded each time.
The company has a price-to-earnings ratio of 4.45, a beta value of 3.92, and a market capitalization of $202 million.
The company’s share price has increased to $2.74 over the past 50 days, and it has averaged $3.04 over the past 200 days.
The price of CleanSpark reached a one-year high of 13.91 dollars, while it reached a one-year low of 1.74 dollars.
Brokerage firms, which typically focus on other financial instruments, have recently started paying attention to CLSK. While maintaining a “buy” rating on the stock, Chardan Capital reduced its price objective on CleanSpark shares from $6.00 to $5.00 while keeping its “buy” rating. On Thursday, December 15th, the announcement was made in a research note distributed to the public.
In a research report released on December 9th, which was a Friday, Cantor Fitzgerald began providing coverage for CleanSpark shares.
They rated the company as “overweight” with the expectation that the share price would rise to $5.00 and reached their prediction. HC Wainwright reaffirmed a “buy” recommendation on shares of CleanSpark and set a price objective of $12.00 on the company’s stock in research made public on February 10th.
BTIG Research lowered its recommendation on CleanSpark shares, moving them from a “buy” rating to a “hold” rating in a report published on Thursday, February 9th.
The report was about a move that BTIG Research made.
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