Smart Powerr Corp. (NASDAQ:CREG) Short Interest Update

Smart Powerr Corp. (NASDAQ:CREG) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 109,500 shares, a growth of 67.4% from the September 30th total of 65,400 shares. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 0.1 days. Approximately 4.4% of the company’s stock are short sold. Approximately 4.4% of the company’s stock are short sold. Based on an average daily volume of 1,600,000 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded Smart Powerr to a “sell” rating in a research note on Friday, September 26th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Smart Powerr in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Smart Powerr Stock Down 3.3%

CREG opened at $1.18 on Monday. Smart Powerr has a twelve month low of $1.02 and a twelve month high of $14.70. The company’s 50-day moving average price is $1.48 and its two-hundred day moving average price is $3.15. The stock has a market cap of $3.45 million, a price-to-earnings ratio of -0.61 and a beta of 0.88.

Smart Powerr (NASDAQ:CREG) last posted its quarterly earnings results on Thursday, August 14th. The business services provider reported ($0.05) EPS for the quarter. The company had revenue of $0.06 million for the quarter.

Smart Powerr Company Profile

Smart Powerr Corp. engages in the waste energy recycling business in China. The company provides energy saving and recovery facilities for various energy intensive industries; waste energy recycling systems for use in nonferrous metal plants; and clean-technology and energy-efficient solutions to reduce air pollution and energy shortage problems.