C3is Inc (NASDAQ: CISS) stock jumped 13.67% on Friday to $0.47 against a previous-day closing price of $0.42. With 9.41 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.46 million shares. The 52-week range on CISS shows that it touched its highest point at $20.00 and its lowest point at $0.36 during that stretch.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CISS was up-trending over the past week, with a rise of 12.59%, but this was up by 12.86% over a month.
Float and Shares Shorts:
On Sep 28, 2023, short shares totaled 0.1 million, which was 1.54% higher than short shares on Aug 30, 2023. In addition to Dr. Diamantis Andriotis as the firm’s CEO, Pres & Director, Ms. Nina Pyndiah serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.00% of CISS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 0.85% of CISS, in contrast to 0.05% held by mutual funds. As the largest shareholder in CISS with 0.47% of the stake, Boothbay Fund Management LLC holds 14,998 shares worth 14,998. A second-largest stockholder of CISS, Sabby Management LLC, holds 10,206 shares, controlling over 0.32% of the firm’s shares. Estabrook Capital Management LLC is the third largest shareholder in CISS, holding 2,041 shares or 0.06% stake. With a 0.04% stake in CISS, the Fidelity Nasdaq Composite Index F is the largest stakeholder. A total of 1,292 shares are owned by the mutual fund manager. The Orobal Gestión, SICAV SA, which owns about 0.01% of CISS stock, is the second-largest Mutual Fund holder. It holds 166 shares valued at 68.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CISS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.