Prospector Capital Corp. (NASDAQ:PRSRW – Get Rating) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,300 shares, an increase of 550.0% from the December 31st total of 200 shares. Based on an average daily volume of 30,300 shares, the short-interest ratio is presently 0.0 days.

Prospector Capital Price Performance

Prospector Capital stock traded up $0.01 during trading hours on Friday, hitting $0.08. The company had a trading volume of 13,110 shares, compared to its average volume of 25,123. Prospector Capital has a 1 year low of $0.01 and a 1 year high of $0.50. The company has a 50-day moving average price of $0.03 and a two-hundred day moving average price of $0.04.

Institutional Investors Weigh In On Prospector Capital

A hedge fund recently bought a new stake in Prospector Capital stock. Clear Street LLC purchased a new position in shares of Prospector Capital Corp. (NASDAQ:PRSRW – Get Rating) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 286,846 shares of the company's stock, valued at approximately $32,000.

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