CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Up 402.7% in January

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 91,500 shares, an increase of 402.7% from the January 15th total of 18,200 shares. Approximately 1.4% of the company’s shares are sold short. Based on an average trading volume of 3,780,000 shares, the short-interest ratio is presently 0.0 days.

CN Energy Group. Price Performance

CNEY stock opened at $0.25 on Thursday. The stock has a 50-day moving average price of $0.30 and a 200-day moving average price of $0.40. CN Energy Group. has a 1-year low of $0.22 and a 1-year high of $1.78.

CN Energy Group. Company Profile

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.