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

Smart Powerr Corp. (NASDAQ:CREGGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 28,100 shares, an increase of 33.2% from the February 13th total of 21,100 shares. Based on an average daily trading volume, of 59,200 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Smart Powerr in a research report on Monday, March 10th. They set a “sell” rating on the stock.

Check Out Our Latest Stock Report on Smart Powerr

Smart Powerr Price Performance

NASDAQ CREG traded up $0.00 during trading on Friday, reaching $0.66. 19,390 shares of the company’s stock were exchanged, compared to its average volume of 57,818. The business has a 50 day moving average price of $0.69 and a 200-day moving average price of $0.73. The stock has a market capitalization of $5.75 million, a P/E ratio of -4.69 and a beta of 0.64. Smart Powerr has a fifty-two week low of $0.53 and a fifty-two week high of $1.58.

About Smart Powerr

(Get Free Report)

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.

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