Short Interest in CN Energy Group. Inc. (NASDAQ:CNEY) Rises By 81.4%

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 168,300 shares, an increase of 81.4% from the December 31st total of 92,800 shares. Based on an average daily volume of 4,040,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.6% of the company’s shares are sold short.

CN Energy Group. Stock Performance

CNEY opened at $0.27 on Thursday. The stock has a fifty day moving average of $0.32 and a 200-day moving average of $0.41. CN Energy Group. has a 12-month low of $0.25 and a 12-month 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.