Cellebrite DI Ltd. (NASDAQ:CLBTW – Get Free Report) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 15,400 shares, an increase of 3,750.0% from the January 15th total of 400 shares. Based on an average daily volume of 24,300 shares, the days-to-cover ratio is presently 0.6 days.
Cellebrite DI Price Performance
Shares of NASDAQ CLBTW opened at $1.59 on Monday. The business has a 50-day simple moving average of $1.44 and a two-hundred day simple moving average of $1.29. Cellebrite DI has a fifty-two week low of $0.67 and a fifty-two week high of $1.90.
Institutional Investors Weigh In On Cellebrite DI
A hedge fund recently raised its stake in Cellebrite DI stock. Crescent Park Management L.P. increased its position in shares of Cellebrite DI Ltd. (NASDAQ:CLBTW – Free Report) by 3.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 549,432 shares of the company’s stock after purchasing an additional 17,545 shares during the quarter. Cellebrite DI accounts for approximately 0.2% of Crescent Park Management L.P.’s investment portfolio, making the stock its 27th largest holding. Crescent Park Management L.P.’s holdings in Cellebrite DI were worth $681,000 at the end of the most recent quarter.
Cellebrite DI Company Profile
Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the United States, and the Asia-Pacific. Its DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations and solutions are used in a various case, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, intellectual property theft, and civil litigation.
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