CN Energy Group. Inc. (NASDAQ:CNEY) Sees Large Growth in Short Interest

CN Energy Group. Inc. (NASDAQ:CNEY) saw a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 145,100 shares, an increase of 58.6% from the January 31st total of 91,500 shares. Based on an average daily trading volume, of 5,950,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.2% of the company’s stock are sold short.

CN Energy Group. Stock Performance

Shares of CNEY opened at $0.18 on Friday. The stock has a 50-day moving average of $0.28 and a 200-day moving average of $0.39. CN Energy Group. has a one year low of $0.18 and a one year high of $1.60.

CN Energy Group. Company Profile

CN Energy Group. Inc, through its subsidiaries, engages in the manufacture and supply of wood-based activated carbon primarily in China. The company’s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production.