CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Up 124.7% in July

CN Energy Group. Inc. (NASDAQ:CNEY) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 51,000 shares, a growth of 124.7% from the June 30th total of 22,700 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 397,700 shares, the days-to-cover ratio is currently 0.1 days.

CN Energy Group. Price Performance

Shares of NASDAQ CNEY traded down $0.01 during mid-day trading on Friday, reaching $0.39. 180,777 shares of the company traded hands, compared to its average volume of 437,443. CN Energy Group. has a fifty-two week low of $0.38 and a fifty-two week high of $6.60. The stock has a fifty day simple moving average of $0.52 and a 200-day simple moving average of $0.94.

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.