Short Interest in CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) Decreases By 68.3%

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) was the target of a significant drop in short interest in February. As of February 28th, there was short interest totalling 8,900 shares, a drop of 68.3% from the February 13th total of 28,100 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 246,300 shares, the days-to-cover ratio is currently 0.0 days.

CDT Environmental Technology Investment Trading Up 10.7 %

NASDAQ:CDTG opened at $1.45 on Thursday. CDT Environmental Technology Investment has a 52-week low of $1.16 and a 52-week high of $4.64. The stock has a 50-day simple moving average of $1.70 and a 200 day simple moving average of $2.81.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CDTG. Renaissance Technologies LLC bought a new position in shares of CDT Environmental Technology Investment during the fourth quarter worth about $266,000. Citadel Advisors LLC bought a new position in shares of CDT Environmental Technology Investment during the fourth quarter worth about $240,000. Finally, XTX Topco Ltd bought a new position in shares of CDT Environmental Technology Investment during the fourth quarter worth about $46,000.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients.