Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Decreases By 27.4%

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 118,800 shares, a decline of 27.4% from the January 31st total of 163,700 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 94,600 shares, the days-to-cover ratio is presently 1.3 days.

Clean Energy Technologies Price Performance

Shares of NASDAQ:CETY traded down $0.02 on Wednesday, reaching $0.48. 43,910 shares of the company traded hands, compared to its average volume of 299,481. The stock has a market capitalization of $21.59 million, a PE ratio of -3.00 and a beta of 0.26. The company’s 50 day moving average is $0.50 and its 200-day moving average is $0.73. Clean Energy Technologies has a fifty-two week low of $0.42 and a fifty-two week high of $1.99.

Hedge Funds Weigh In On Clean Energy Technologies

An institutional investor recently bought a new position in Clean Energy Technologies stock. Jane Street Group LLC bought a new position in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned approximately 0.11% of Clean Energy Technologies at the end of the most recent reporting period. 0.49% of the stock is currently owned by hedge funds and other institutional investors.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.