Smart Powerr Corp. (NASDAQ:CREG) Short Interest Update
by Teresa Graham · The Cerbat GemSmart Powerr Corp. (NASDAQ:CREG – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 12,991 shares, a decline of 59.1% from the November 30th total of 31,743 shares. Based on an average daily volume of 44,564 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 44,564 shares, the short-interest ratio is currently 0.3 days.
Analysts Set New Price Targets
Several brokerages recently issued reports on CREG. Weiss Ratings restated a “sell (e+)” rating on shares of Smart Powerr in a report on Wednesday, October 8th. Wall Street Zen raised Smart Powerr to a “sell” rating in a report on Friday, September 26th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.
Get Our Latest Stock Report on CREG
Smart Powerr Stock Up 5.9%
NASDAQ CREG opened at $1.15 on Friday. Smart Powerr has a 52 week low of $0.93 and a 52 week high of $14.70. The company has a market capitalization of $23.83 million, a P/E ratio of -0.66 and a beta of 0.28. The stock’s 50-day moving average price is $1.22 and its 200-day moving average price is $1.73.
Smart Powerr (NASDAQ:CREG – Get Free Report) last announced its quarterly earnings data on Thursday, November 13th. The business services provider reported ($0.08) earnings per share (EPS) for the quarter.
Institutional Trading of Smart Powerr
An institutional investor recently bought a new position in Smart Powerr stock. Ground Swell Capital LLC bought a new position in Smart Powerr Corp. (NASDAQ:CREG – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 29,088 shares of the business services provider’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned 1.00% of Smart Powerr as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.22% of the company’s stock.
About Smart Powerr
Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems. It also designs, finances, constructs, and installs the waste energy recycling project to mid to large-size enterprises involved in high energy-consuming businesses; and provides project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions and consulting services; purchases, repairs, and disposes financial leasing assets; sells and leases energy saving systems and equipment.