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

Smart Powerr Corp. (NASDAQ:CREG) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 6,300 shares, an increase of 117.2% from the December 31st total of 2,900 shares. Based on an average daily volume of 92,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Smart Powerr in a report on Wednesday. They issued a “sell” rating on the stock.

Smart Powerr Price Performance

Shares of CREG stock traded down $0.01 during trading hours on Wednesday, hitting $0.65. The company had a trading volume of 24,039 shares, compared to its average volume of 63,445. The stock has a market capitalization of $5.66 million, a PE ratio of -4.61 and a beta of 0.65. The company’s fifty day moving average is $0.68 and its 200 day moving average is $0.78. Smart Powerr has a fifty-two week low of $0.53 and a fifty-two week high of $2.00.

Smart Powerr (NASDAQ:CREG) last released its quarterly earnings results on Friday, November 8th. The business services provider reported ($0.03) EPS for the quarter.

Smart Powerr Company Profile

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.