Clean Energy Technologies, Inc. (NASDAQ:CETY) Sees Significant Drop in Short Interest

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 105,300 shares, a drop of 33.3% from the November 30th total of 157,900 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 76,100 shares, the days-to-cover ratio is presently 1.4 days.

Clean Energy Technologies Stock Up 4.2 %

Shares of CETY opened at $0.55 on Monday. Clean Energy Technologies has a twelve month low of $0.45 and a twelve month high of $2.39. The stock has a market cap of $24.83 million, a PE ratio of -3.45 and a beta of 0.32. The business’s 50-day moving average price is $0.71 and its 200-day moving average price is $0.96.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.