Short Interest in CN Energy Group. Inc. (NASDAQ:CNEY) Decreases By 78.4%
by Teresa Graham · The Cerbat GemCN Energy Group. Inc. (NASDAQ:CNEY – Get Free Report) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 24,200 shares, a decrease of 78.4% from the October 31st total of 111,800 shares. Based on an average daily volume of 12,610,000 shares, the short-interest ratio is currently 0.0 days. Approximately 1.0% of the company’s stock are sold short.
CN Energy Group. Stock Down 7.9 %
Shares of CNEY traded down $0.03 during trading hours on Friday, reaching $0.33. 225,380 shares of the stock traded hands, compared to its average volume of 3,819,206. CN Energy Group. has a 52 week low of $0.25 and a 52 week high of $3.36. The stock has a fifty day simple moving average of $0.52 and a 200 day simple moving average of $0.48.
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.
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