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

Smart Powerr Corp. (NASDAQ:CREG) 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.

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

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.