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

CN Energy Group. Inc. (NASDAQ:CNEY) was the recipient of a significant decrease in short interest in October. As of October 15th, there was short interest totalling 252,800 shares, a decrease of 85.6% from the September 30th total of 1,760,000 shares. Based on an average daily volume of 12,490,000 shares, the short-interest ratio is presently 0.0 days. Currently, 11.0% of the shares of the stock are short sold.

CN Energy Group. Stock Down 6.1 %

Shares of CNEY stock traded down $0.03 on Friday, hitting $0.52. 380,647 shares of the stock traded hands, compared to its average volume of 4,208,403. CN Energy Group. has a 52 week low of $0.25 and a 52 week high of $3.60. The firm has a 50 day simple moving average of $0.52 and a two-hundred day simple moving average of $0.55.

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.