CN Energy Group. Inc. (NASDAQ:CNEY) Sees Significant Increase in Short Interest

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a significant growth in short interest in February. As of February 15th, there was short interest totalling 145,100 shares, a growth of 58.6% from the January 31st total of 91,500 shares. Based on an average trading volume of 5,950,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.2% of the company’s stock are short sold.

CN Energy Group. Stock Performance

CNEY stock traded down $0.00 during trading on Tuesday, hitting $0.18. 680,633 shares of the stock traded hands, compared to its average volume of 4,672,149. CN Energy Group. has a 1 year low of $0.16 and a 1 year high of $1.60. The firm’s 50 day moving average is $0.28 and its two-hundred day moving average is $0.39.

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.