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

Smart Powerr Corp. (NASDAQ:CREG) saw a large growth in short interest in January. As of January 15th, there was short interest totalling 6,300 shares, a growth of 117.2% from the December 31st total of 2,900 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 92,000 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Smart Powerr in a research note on Wednesday. They issued a “sell” rating for the company.

Smart Powerr Stock Up 2.8 %

CREG stock traded up $0.02 during midday trading on Friday, reaching $0.65. 19,522 shares of the company’s stock traded hands, compared to its average volume of 58,816. The firm’s fifty day moving average price is $0.68 and its 200-day moving average price is $0.78. Smart Powerr has a 52 week low of $0.53 and a 52 week high of $2.00. The company has a market cap of $5.70 million, a price-to-earnings ratio of -4.64 and a beta of 0.65.

Smart Powerr (NASDAQ:CREG) last posted its earnings results on Friday, November 8th. The business services provider reported ($0.03) EPS for the quarter.

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.