Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Rises By 57.0%

Clean Energy Technologies, Inc. (NASDAQ:CETYGet Free Report) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 121,700 shares, a growth of 57.0% from the October 31st total of 77,500 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 75,100 shares, the short-interest ratio is currently 1.6 days.

Clean Energy Technologies Price Performance

Shares of NASDAQ:CETY remained flat at $0.69 during trading on Friday. 24,116 shares of the company were exchanged, compared to its average volume of 194,595. Clean Energy Technologies has a 1 year low of $0.45 and a 1 year high of $2.39. The company’s 50 day moving average price is $0.81 and its 200 day moving average price is $1.06. The stock has a market cap of $31.08 million, a PE ratio of -4.32 and a beta of 0.37.

Institutional Trading of Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Lwmg LLC purchased a new stake in Clean Energy Technologies, Inc. (NASDAQ:CETYFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,405,719 shares of the company’s stock, valued at approximately $1,856,000. Clean Energy Technologies comprises approximately 0.4% of Lwmg LLC’s investment portfolio, making the stock its 26th biggest position. Lwmg LLC owned 3.27% of Clean Energy Technologies at the end of the most recent reporting period. Institutional investors own 0.49% of the company’s stock.

About Clean Energy Technologies

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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.

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