CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) Sees Large Drop in Short Interest

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 28,100 shares, a decline of 48.8% from the January 31st total of 54,900 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily trading volume, of 230,300 shares, the short-interest ratio is currently 0.1 days.

CDT Environmental Technology Investment Stock Down 6.1 %

Shares of NASDAQ CDTG opened at $1.38 on Friday. The stock has a fifty day moving average price of $2.17 and a two-hundred day moving average price of $2.93. CDT Environmental Technology Investment has a 1 year low of $1.16 and a 1 year high of $4.64.

Hedge Funds Weigh In On CDT Environmental Technology Investment

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CDTG. Renaissance Technologies LLC bought a new position in CDT Environmental Technology Investment during the 4th quarter valued at $266,000. XTX Topco Ltd bought a new position in CDT Environmental Technology Investment during the 4th quarter valued at $46,000. Finally, Citadel Advisors LLC bought a new position in CDT Environmental Technology Investment during the 4th quarter valued at $240,000.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients.