CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Down 78.4% in November

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 24,200 shares, a decline of 78.4% from the October 31st total of 111,800 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 12,610,000 shares, the short-interest ratio is presently 0.0 days.

CN Energy Group. Stock Performance

Shares of NASDAQ:CNEY traded down $0.02 during midday trading on Wednesday, reaching $0.36. The company’s stock had a trading volume of 446,021 shares, compared to its average volume of 3,834,807. CN Energy Group. has a fifty-two week low of $0.25 and a fifty-two week high of $3.60. The business’s fifty day simple moving average is $0.52 and its 200-day simple moving average is $0.48.

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.