CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Update

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

CN Energy Group. Stock Down 2.9 %

CNEY stock traded down $0.01 during midday trading on Tuesday, hitting $0.28. The stock had a trading volume of 746,438 shares, compared to its average volume of 2,383,792. CN Energy Group. has a 52 week low of $0.25 and a 52 week high of $2.04. The stock has a 50-day simple moving average of $0.35 and a 200 day simple moving average of $0.43.

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.