Short Interest in Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Increases By 355.6%

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 12,300 shares, an increase of 355.6% from the August 31st total of 2,700 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 18,700 shares, the short-interest ratio is currently 0.7 days. Based on an average trading volume of 18,700 shares, the short-interest ratio is currently 0.7 days. Currently, 0.1% of the company’s shares are short sold.

Sunrise New Energy Stock Performance

Shares of Sunrise New Energy stock opened at $1.39 on Thursday. The business has a 50-day moving average of $0.92 and a two-hundred day moving average of $0.94. Sunrise New Energy has a 1 year low of $0.70 and a 1 year high of $1.86.

About Sunrise New Energy

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.