Smart Powerr Corp. (NASDAQ:CREG) Short Interest Down 12.9% in November

Smart Powerr Corp. (NASDAQ:CREG) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 6,100 shares, a drop of 12.9% from the October 31st total of 7,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 80,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Smart Powerr in a report on Tuesday, November 26th. They set a “sell” rating for the company.

Smart Powerr Stock Performance

NASDAQ CREG traded up $0.03 on Tuesday, reaching $0.75. The stock had a trading volume of 78,332 shares, compared to its average volume of 25,232. The firm has a fifty day moving average of $0.74 and a two-hundred day moving average of $0.87. Smart Powerr has a 1-year low of $0.63 and a 1-year high of $2.00.

Smart Powerr Company Profile

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.