CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Down 86.4% in November

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 3,300 shares, a decline of 86.4% from the November 15th total of 24,200 shares. Based on an average daily trading volume, of 15,440,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

CN Energy Group. Stock Performance

Shares of NASDAQ:CNEY traded down $0.02 during mid-day trading on Wednesday, hitting $0.34. 704,043 shares of the company traded hands, compared to its average volume of 4,463,783. CN Energy Group. has a 52-week low of $0.25 and a 52-week high of $3.29. The firm’s 50 day simple moving average is $0.49 and its 200 day simple moving average is $0.46.

CN Energy Group. Company Profile

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.