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

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

CN Energy Group. Trading Down 2.9 %

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