CN Energy Group. Inc. (NASDAQ:CNEY) Sees Large Growth in Short Interest

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant growth in short interest in September. As of September 30th, there was short interest totalling 1,760,000 shares, a growth of 149.6% from the September 15th total of 705,200 shares. Approximately 76.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,080,000 shares, the short-interest ratio is presently 0.1 days.

CN Energy Group. Stock Down 1.4 %

Shares of CNEY stock opened at $0.70 on Friday. The business has a 50-day moving average price of $0.45 and a two-hundred day moving average price of $0.58. CN Energy Group. has a 12-month low of $0.25 and a 12-month high of $4.05.

CN Energy Group. Company Profile

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.