Short Interest in CN Energy Group. Inc. (NASDAQ:CNEY) Decreases By 81.6%

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 88,500 shares, a drop of 81.6% from the February 28th total of 479,800 shares. Based on an average daily trading volume, of 3,210,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 1.3% of the company’s shares are short sold.

CN Energy Group. Stock Up 9.3 %

Shares of NASDAQ CNEY traded up $0.01 during midday trading on Wednesday, reaching $0.15. 696,133 shares of the stock were exchanged, compared to its average volume of 5,002,930. The company has a 50 day simple moving average of $0.22 and a 200 day simple moving average of $0.37. CN Energy Group. has a twelve month low of $0.14 and a twelve month high of $1.60.

About CN Energy Group.

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.