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

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 314,500 shares, a growth of 84.3% from the February 28th total of 170,600 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily volume of 248,400 shares, the short-interest ratio is presently 1.3 days.

Clean Energy Technologies Stock Down 5.7 %

CETY opened at $0.48 on Friday. The firm has a market cap of $22.47 million, a P/E ratio of -3.01 and a beta of 0.26. Clean Energy Technologies has a 52 week low of $0.42 and a 52 week high of $1.99. The business has a fifty day simple moving average of $0.52 and a 200-day simple moving average of $0.66.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Jane Street Group LLC acquired a new stake in Clean Energy Technologies, Inc. (NASDAQ:CETY) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned 0.11% of Clean Energy Technologies as of its most recent filing with the Securities and Exchange Commission (SEC). 0.49% of the stock is owned by institutional investors and hedge funds.

About Clean Energy Technologies

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.