Stock Short Interest Filing: Could CRAILAR TECH (OTCMKTS:CRLRQ) Change Direction After Less Shorts?

November 30, 2016 - By Adrian Mccoy   ·   0 Comments

Stock Short Interest Filing: Could CRAILAR TECH (OTCMKTS:CRLRQ) Change Direction After Less Shorts?

The stock of CRAILAR TECH (OTCMKTS:CRLRQ) registered a decrease of 2.8% in short interest. CRLRQ’s total short interest was 10,400 shares in November as published by FINRA. Its down 2.8% from 10,700 shares, reported previously. With 11,100 shares average volume, it will take short sellers 1 days to cover their CRLRQ’s short positions. The stock last traded at $0.0004 per share. It is down 6.00% since October 31, 2016 and is uptrending. It has outperformed by 0.77% the S&P500.

CRAiLAR Technologies Inc. is engaged in the production of its natural CRAiLAR Flax fibers focused on the natural yarn and textile industries, as well as the deployment of its CRAiLAR processing technologies in the cellulose pulp and composites industries. The company has a market cap of $247,090. The Firm offers two opportunities for development, including CRAiLAR fibers for textiles (knit and woven constructions) available in a range of blends, textures, colors and applications, and CRAiLAR fibers for non-woven constructions. It currently has negative earnings. CRAiLAR fiber is used for denim, outerwear, footwear, toweling and upholstery.

CRLRQ Company Profile

CRAiLAR Technologies Inc., incorporated on October 6, 1998, is engaged in the production of its natural CRAiLAR Flax fibers focused on the natural yarn and textile industries, as well as the deployment of its CRAiLAR processing technologies in the cellulose pulp and composites industries. The Firm offers two opportunities for development, including CRAiLAR fibers (using flax, hemp or other sustainable bast fiber) for textiles (knit and woven constructions) available in a range of blends, textures, colors and applications, and CRAiLAR fibers for non-woven constructions.

More notable recent Crailar Technologies Inc (OTCMKTS:CRLRQ) news were published by: Seekingalpha.com which released: “Crailar Technologies: A Little Hemp Start-Up Seeded For Growth” on May 22, 2015, also Prnewswire.com with their article: “CRAiLAR Fiber Technologies International Inc. completes acquisition of …” published on July 12, 2016, Oregonlive.com published: “Crailar Technologies chief executive Ken Barker resigns” on November 14, 2014. More interesting news about Crailar Technologies Inc (OTCMKTS:CRLRQ) were released by: Prnewswire.com and their article: “CRAiLAR Technologies’ Flax Fibers Introduced into Two Revolutionary New Lines …” published on November 06, 2014 as well as Prnewswire.com‘s news article titled: “CRAiLAR Provides Corporate Update and Financing Announcement” with publication date: September 03, 2015.

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By Adrian Mccoy


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