Clean Energy Technologies, Inc. (NASDAQ:CETY) Sees Significant Increase in Short Interest

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 314,500 shares, a growth of 84.3% from the February 28th total of 170,600 shares. Based on an average trading volume of 248,400 shares, the short-interest ratio is currently 1.3 days. Approximately 1.6% of the company’s stock are sold short.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Jane Street Group LLC purchased a new position in shares of Clean Energy Technologies, Inc. (NASDAQ:CETY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned about 0.11% of Clean Energy Technologies at the end of the most recent reporting period. Institutional investors and hedge funds own 0.49% of the company’s stock.

Clean Energy Technologies Trading Down 5.7 %

Shares of NASDAQ:CETY opened at $0.48 on Friday. Clean Energy Technologies has a 52 week low of $0.42 and a 52 week high of $1.99. The company’s 50 day moving average is $0.52 and its two-hundred day moving average is $0.66. The company has a market cap of $22.47 million, a PE ratio of -3.01 and a beta of 0.26.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.