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

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant growth in short interest during the month of 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. Currently, 76.5% of the company’s shares are short sold. Based on an average trading volume of 12,080,000 shares, the days-to-cover ratio is presently 0.1 days.

CN Energy Group. Price Performance

Shares of CN Energy Group. stock traded down $0.00 during midday trading on Friday, reaching $0.71. The company had a trading volume of 1,274,230 shares, compared to its average volume of 4,389,913. The stock has a fifty day moving average price of $0.45 and a 200 day moving average price of $0.59. CN Energy Group. has a fifty-two week low of $0.25 and a fifty-two week high of $4.05.

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.