Short Interest in Smart Powerr Corp. (NASDAQ:CREG) Declines By 12.9%

Smart Powerr Corp. (NASDAQ:CREG) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 6,100 shares, a decrease of 12.9% from the October 31st total of 7,000 shares. Based on an average daily volume of 80,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Smart Powerr Trading Up 4.1 %

Shares of NASDAQ:CREG traded up $0.03 during midday trading on Tuesday, hitting $0.75. The stock had a trading volume of 78,332 shares, compared to its average volume of 25,232. The company has a market capitalization of $6.58 million, a PE ratio of -5.36 and a beta of 0.71. Smart Powerr has a 1 year low of $0.63 and a 1 year high of $2.00. The stock has a 50 day moving average price of $0.74 and a two-hundred day moving average price of $0.87.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Smart Powerr in a research report on Tuesday, November 26th. They issued a “sell” rating for the company.

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.