Short Interest in CN Energy Group. Inc. (NASDAQ:CNEY) Decreases By 7.3%

CN Energy Group. Inc. (NASDAQ:CNEY) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 46,700 shares, a decrease of 7.3% from the March 15th total of 50,400 shares. Based on an average daily trading volume, of 435,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

CN Energy Group. Stock Down 23.7 %

CN Energy Group. stock traded down $0.22 during mid-day trading on Tuesday, reaching $0.71. 296,130 shares of the company were exchanged, compared to its average volume of 448,023. The business has a fifty day moving average of $1.24 and a 200 day moving average of $2.05. CN Energy Group. has a 12-month low of $0.69 and a 12-month high of $8.04.

Institutional Trading of CN Energy Group.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sabby Management LLC purchased a new stake in shares of CN Energy Group. during the 1st quarter valued at $850,000. Renaissance Technologies LLC increased its position in shares of CN Energy Group. by 946.9% in the 1st quarter. Renaissance Technologies LLC now owns 250,200 shares of the company’s stock valued at $53,000 after acquiring an additional 226,300 shares during the period. Finally, Citadel Advisors LLC acquired a new position in shares of CN Energy Group. in the 3rd quarter valued at $63,000. Hedge funds and other institutional investors own 7.64% of the company’s stock.

About CN Energy Group.

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.