Short Interest in Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Decreases By 15.6%

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 75,400 shares, a decrease of 15.6% from the August 15th total of 89,300 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 1,430,000 shares, the short-interest ratio is presently 0.1 days.

Sunrise New Energy Stock Performance

Shares of Sunrise New Energy stock remained flat at $1.06 during trading on Monday. The stock had a trading volume of 5,181 shares, compared to its average volume of 532,976. Sunrise New Energy has a twelve month low of $0.53 and a twelve month high of $2.13. The company has a quick ratio of 0.31, a current ratio of 0.56 and a debt-to-equity ratio of 0.81. The firm’s fifty day simple moving average is $0.87 and its two-hundred day simple moving average is $0.82.

About Sunrise New Energy

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.