Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Short Interest Update

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 22,700 shares, a drop of 6.6% from the January 15th total of 24,300 shares. Based on an average daily volume of 21,000 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.1% of the company’s stock are short sold.

Sunrise New Energy Stock Performance

Shares of NASDAQ:EPOW opened at $1.00 on Wednesday. The firm has a 50 day simple moving average of $0.87 and a 200-day simple moving average of $0.93. Sunrise New Energy has a twelve month low of $0.53 and a twelve month high of $1.36. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.51 and a current ratio of 0.87.

Sunrise New Energy Company Profile

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.