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.
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.
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.