CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Update

CN Energy Group. Inc. (NASDAQ:CNEY) saw a large growth in short interest in 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. Currently, 2.6% of the company’s shares are sold short. Based on an average daily trading volume, of 4,040,000 shares, the days-to-cover ratio is currently 0.0 days.

CN Energy Group. Trading Down 3.7 %

Shares of CNEY stock opened at $0.25 on Friday. The firm’s 50-day simple moving average is $0.32 and its 200-day simple moving average is $0.41. CN Energy Group. has a 1-year low of $0.23 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.