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

by · The Cerbat Gem

CN Energy Group. Inc. (NASDAQ:CNEY – Get Free Report) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 10,472 shares, a decrease of 25.8% from the November 30th total of 14,108 shares. Based on an average trading volume of 3,141,400 shares, the short-interest ratio is presently 0.0 days. Approximately 0.3% of the company’s shares are short sold. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 3,141,400 shares, the short-interest ratio is presently 0.0 days.

CN Energy Group. Trading Up 3.7%

Shares of NASDAQ CNEY traded up $0.02 during trading on Wednesday, reaching $0.61. 128,178 shares of the stock were exchanged, compared to its average volume of 353,600. The business’s 50-day moving average price is $1.29 and its 200 day moving average price is $2.00. CN Energy Group. has a twelve month low of $0.51 and a twelve month high of $12.23.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CN Energy Group. in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.

Get Our Latest Stock Report on CNEY

Institutional Trading of CN Energy Group.

An institutional investor recently bought a new position in CN Energy Group. stock. Susquehanna International Group LLP bought a new position in shares of CN Energy Group. Inc. (NASDAQ:CNEY – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,903 shares of the company’s stock, valued at approximately $28,000. Susquehanna International Group LLP owned about 0.40% of CN Energy Group. as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 7.64% of the company’s stock.

CN Energy Group. Company Profile

(Get Free Report)

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. It also engages in the generation and supply of biomass electricity; production of steam for heating; sale of minerals, stone, metal materials, construction materials, wood, chemical materials and products, rubber products, and paper products; management and conversion of forest and natural ecosystem; and forest acquisition, rights transfer, and nurturing, and timber harvesting and processing activities.

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