Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Increases By 43.6%

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 170,600 shares, a growth of 43.6% from the February 13th total of 118,800 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 231,100 shares, the short-interest ratio is currently 0.7 days.

Clean Energy Technologies Stock Up 3.4 %

Shares of NASDAQ CETY opened at $0.55 on Friday. The firm’s 50-day moving average price is $0.49 and its two-hundred day moving average price is $0.70. Clean Energy Technologies has a 52-week low of $0.42 and a 52-week high of $1.99. The stock has a market capitalization of $24.65 million, a P/E ratio of -3.43 and a beta of 0.26.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Jane Street Group LLC bought a new position in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned about 0.11% of Clean Energy Technologies as of its most recent SEC filing. 0.49% of the stock is owned by institutional investors and hedge funds.

About Clean Energy Technologies

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.