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

Smart Powerr Corp. (NASDAQ:CREG) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 21,100 shares, an increase of 30.2% from the January 31st total of 16,200 shares. Based on an average trading volume of 53,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Smart Powerr in a report on Sunday. They issued a “sell” rating on the stock.

Smart Powerr Price Performance

NASDAQ CREG traded down $0.00 on Thursday, hitting $0.77. 11,697 shares of the company were exchanged, compared to its average volume of 61,657. Smart Powerr has a twelve month low of $0.53 and a twelve month high of $1.58. The firm has a market capitalization of $6.76 million, a P/E ratio of -5.51 and a beta of 0.66. The company’s 50 day moving average price is $0.70 and its 200-day moving average price is $0.74.

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.