Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Decreases By 27.4%

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 118,800 shares, a decrease of 27.4% from the January 31st total of 163,700 shares. Based on an average daily volume of 94,600 shares, the short-interest ratio is currently 1.3 days. Approximately 0.6% of the company’s stock are short sold.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Jane Street Group LLC acquired a new stake in shares of Clean Energy Technologies, Inc. (NASDAQ:CETY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned approximately 0.11% of Clean Energy Technologies as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 0.49% of the company’s stock.

Clean Energy Technologies Stock Performance

Shares of CETY stock traded down $0.02 on Wednesday, reaching $0.48. 43,910 shares of the company’s stock traded hands, compared to its average volume of 299,481. The company has a market capitalization of $21.59 million, a P/E ratio of -3.00 and a beta of 0.26. Clean Energy Technologies has a 12-month low of $0.42 and a 12-month high of $1.99. The business’s 50 day moving average price is $0.50 and its two-hundred day moving average price is $0.73.

About Clean Energy Technologies

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.