CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Update

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 177,000 shares, an increase of 442.9% from the August 31st total of 32,600 shares. Approximately 5.9% of the company’s stock are sold short. Based on an average daily trading volume, of 134,200 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 134,200 shares, the short-interest ratio is currently 1.3 days. Approximately 5.9% of the company’s stock are sold short.

CN Energy Group. Trading Up 2.9%

Shares of NASDAQ CNEY opened at $2.34 on Friday. The firm’s 50 day moving average price is $2.30 and its 200-day moving average price is $2.83. CN Energy Group. has a 52-week low of $1.56 and a 52-week high of $21.61.

About CN Energy Group.

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.