CN Energy Group. Inc. (NASDAQ:CNEY) Short Interest Down 70.7% in March

CN Energy Group. Inc. (NASDAQ:CNEY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 50,400 shares, a drop of 70.7% from the February 29th total of 172,200 shares. Based on an average trading volume of 477,900 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

CN Energy Group. Stock Up 5.0 %

Shares of CNEY stock traded up $0.05 during trading on Thursday, reaching $1.06. The company had a trading volume of 59,194 shares, compared to its average volume of 459,247. The firm’s 50 day simple moving average is $1.34 and its two-hundred day simple moving average is $2.28. CN Energy Group. has a one year low of $0.95 and a one year high of $8.93.

Institutional Trading of CN Energy Group.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC grew its holdings in shares of CN Energy Group. by 946.9% during the 1st quarter. Renaissance Technologies LLC now owns 250,200 shares of the company’s stock worth $53,000 after purchasing an additional 226,300 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of CN Energy Group. during the 3rd quarter worth approximately $63,000. Finally, Sabby Management LLC bought a new position in shares of CN Energy Group. during the 1st quarter worth approximately $850,000. Institutional investors and hedge funds own 7.64% of the company’s stock.

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.