CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Up 72.5% in April

CN Energy Group. Inc. (NASDAQ:CNEYGet Rating) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totalling 30,700 shares, an increase of 72.5% from the April 15th total of 17,800 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is currently 0.9 days.

NASDAQ CNEY opened at $1.50 on Friday. CN Energy Group. has a 52-week low of $1.17 and a 52-week high of $13.50. The business’s 50-day moving average price is $1.61 and its 200 day moving average price is $2.66.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CNEY. Renaissance Technologies LLC purchased a new position in shares of CN Energy Group. during the fourth quarter worth about $110,000. Marshall Wace LLP acquired a new position in CN Energy Group. during the 4th quarter worth approximately $64,000. Citadel Advisors LLC acquired a new position in CN Energy Group. during the 3rd quarter worth approximately $91,000. Invesco Ltd. acquired a new position in CN Energy Group. during the 3rd quarter worth approximately $85,000. Finally, Virtu Financial LLC acquired a new position in CN Energy Group. during the 4th quarter worth approximately $39,000. 17.80% of the stock is currently owned by hedge funds and other institutional investors.

About CN Energy Group. (Get Rating)

CN Energy Group. Inc manufactures and supplies wood-based activated carbon in China. The company's activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production. It also produces biomass electricity for State Grid Heilongjiang, a subsidiary of State Grid Corporation of China in Heilongjiang Province.

Featured Stories

Receive News & Ratings for CN Energy Group. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CN Energy Group. and related companies with MarketBeat.com's FREE daily email newsletter.