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

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 252,800 shares, a decrease of 85.6% from the September 30th total of 1,760,000 shares. Currently, 11.0% of the company’s stock are sold short. Based on an average daily volume of 12,490,000 shares, the short-interest ratio is presently 0.0 days.

CN Energy Group. Trading Down 5.5 %

CN Energy Group. stock traded down $0.03 during midday trading on Friday, reaching $0.52. The company’s stock had a trading volume of 328,523 shares, compared to its average volume of 4,208,167. CN Energy Group. has a 52-week low of $0.25 and a 52-week high of $3.60. The stock’s 50-day simple moving average is $0.51 and its 200-day simple moving average is $0.56.

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.