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

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 44,600 shares, an increase of 5.4% from the May 31st total of 42,300 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 353,200 shares, the days-to-cover ratio is currently 0.1 days.

CN Energy Group. Price Performance

Shares of CNEY opened at $0.45 on Thursday. The business’s 50-day moving average is $0.61 and its two-hundred day moving average is $1.11. CN Energy Group. has a fifty-two week low of $0.41 and a fifty-two week high of $6.60.

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.