Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Short Interest Down 75.0% in March

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,700 shares, a decrease of 75.0% from the March 15th total of 6,800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 21,900 shares, the days-to-cover ratio is currently 0.1 days.

Sunrise New Energy Price Performance

NASDAQ:EPOW traded up $0.01 during mid-day trading on Wednesday, reaching $0.98. 910 shares of the stock were exchanged, compared to its average volume of 385,917. The company has a debt-to-equity ratio of 0.75, a current ratio of 0.87 and a quick ratio of 0.51. The business has a fifty day moving average price of $0.94 and a 200 day moving average price of $0.92. Sunrise New Energy has a 1-year low of $0.53 and a 1-year high of $1.36.

About Sunrise New Energy

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.