Smart Powerr Corp. (NASDAQ:CREG) Short Interest Update

by · The Markets Daily

Smart Powerr Corp. (NASDAQ:CREG – Get Free Report) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 6,300 shares, an increase of 117.2% from the December 15th total of 2,900 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 92,000 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a research report on Monday. They issued a “sell” rating on the stock.

Check Out Our Latest Stock Analysis on CREG

Smart Powerr Trading Down 1.6 %

Shares of NASDAQ CREG traded down $0.01 during mid-day trading on Tuesday, hitting $0.62. The company had a trading volume of 36,101 shares, compared to its average volume of 101,930. The stock’s 50-day moving average price is $0.70 and its 200-day moving average price is $0.81. The company has a market capitalization of $5.43 million, a price-to-earnings ratio of -4.43 and a beta of 0.65. Smart Powerr has a 1 year low of $0.53 and a 1 year high of $2.00.

Smart Powerr Company Profile

(Get Free Report)

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.

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