Smart Powerr Corp. (NASDAQ:CREG) Short Interest Up 30.2% in February

Smart Powerr Corp. (NASDAQ:CREG) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 21,100 shares, an increase of 30.2% from the January 31st total of 16,200 shares. Based on an average daily volume of 53,800 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Smart Powerr in a report on Sunday. They issued a “sell” rating for the company.

Smart Powerr Price Performance

Shares of CREG stock traded up $0.00 on Wednesday, hitting $0.77. 11,621 shares of the stock traded hands, compared to its average volume of 61,573. The company has a market capitalization of $6.78 million, a PE ratio of -5.52 and a beta of 0.66. Smart Powerr has a 1-year low of $0.53 and a 1-year high of $1.58. The company’s fifty day moving average is $0.70 and its 200 day moving average is $0.74.

Smart Powerr Company Profile

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.