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

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 252,800 shares, a drop of 85.6% from the September 30th total of 1,760,000 shares. Approximately 11.0% of the company’s shares are short sold. Based on an average trading volume of 12,490,000 shares, the short-interest ratio is currently 0.0 days.

CN Energy Group. Trading Down 5.5 %

Shares of CNEY traded down $0.03 during midday trading on Friday, hitting $0.52. The stock had a trading volume of 328,523 shares, compared to its average volume of 4,208,167. The stock’s 50 day moving average is $0.51 and its 200 day moving average is $0.56. CN Energy Group. has a 1 year low of $0.25 and a 1 year high of $3.60.

CN Energy Group. Company Profile

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.