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

Smart Powerr Corp. (NASDAQ:CREG) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 6,300 shares, an increase of 117.2% from the December 15th total of 2,900 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 92,000 shares, the short-interest ratio is currently 0.1 days.

Smart Powerr Stock Up 1.2 %

Shares of NASDAQ:CREG traded up $0.01 during midday trading on Thursday, reaching $0.64. 25,491 shares of the company were exchanged, compared to its average volume of 86,368. The stock has a fifty day simple moving average of $0.70 and a two-hundred day simple moving average of $0.81. The firm has a market cap of $5.59 million, a PE ratio of -4.55 and a beta of 0.65. Smart Powerr has a fifty-two week low of $0.53 and a fifty-two week high of $2.00.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Smart Powerr in a research note on Monday. They issued a “sell” rating for the company.

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.