CN Energy Group. Inc. (NASDAQ:CNEY) Sees Large Increase in Short Interest

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 168,300 shares, a growth of 81.4% from the December 31st total of 92,800 shares. Based on an average daily volume of 4,040,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.6% of the shares of the stock are short sold.

CN Energy Group. Trading Down 3.7 %

Shares of NASDAQ CNEY opened at $0.25 on Friday. The company has a 50-day simple moving average of $0.32 and a 200-day simple moving average of $0.41. CN Energy Group. has a 12 month low of $0.23 and a 12 month high of $1.78.

About CN Energy Group.

CN Energy Group. Inc, through its subsidiaries, engages in the manufacture and supply of wood-based activated carbon primarily in China. The company’s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production.