Spectaire Holdings Inc. (NASDAQ:SPEC) Sees Significant Increase in Short Interest

Spectaire Holdings Inc. (NASDAQ:SPEC) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 435,800 shares, a growth of 1,228.7% from the May 31st total of 32,800 shares. Based on an average daily trading volume, of 3,180,000 shares, the short-interest ratio is presently 0.1 days. Approximately 5.5% of the company’s stock are short sold.

Spectaire Price Performance

Shares of NASDAQ:SPEC remained flat at $0.50 on Friday. The company’s stock had a trading volume of 229,891 shares, compared to its average volume of 2,224,351. Spectaire has a 12 month low of $0.28 and a 12 month high of $15.40. The company has a fifty day moving average of $0.47 and a 200-day moving average of $1.11.

Spectaire (NASDAQ:SPEC) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.11). As a group, research analysts expect that Spectaire will post -0.18 EPS for the current fiscal year.

About Spectaire

Spectaire Holdings Inc provides solutions that measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. The company offers AireCore, an integrated hardware, software, and data platform for logistics and supply chain players that uses mass spectrometry to directly measure their emissions.