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

Smart Powerr Corp. (NASDAQ:CREG) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 21,100 shares, a growth of 30.2% from the January 31st total of 16,200 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 53,800 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Smart Powerr in a report on Sunday. They set a “sell” rating on the stock.

Smart Powerr Price Performance

Shares of Smart Powerr stock traded down $0.00 during trading on Thursday, hitting $0.77. The stock had a trading volume of 11,697 shares, compared to its average volume of 61,657. The business has a fifty day moving average of $0.70 and a two-hundred day moving average of $0.74. Smart Powerr has a fifty-two week low of $0.53 and a fifty-two week high of $1.58. The firm has a market cap of $6.76 million, a P/E ratio of -5.51 and a beta of 0.66.

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.