Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Short Interest Update

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) saw a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 13,100 shares, a decline of 45.0% from the February 13th total of 23,800 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is currently 0.8 days.

Sunrise New Energy Price Performance

Shares of EPOW stock remained flat at $0.87 during trading on Friday. 113,048 shares of the stock traded hands, compared to its average volume of 389,754. Sunrise New Energy has a 1 year low of $0.53 and a 1 year high of $1.36. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.51 and a current ratio of 0.87. The firm’s 50-day moving average price is $0.92 and its two-hundred day moving average price is $0.94.

Sunrise New Energy Company Profile

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.