Smart Powerr Corp. (NASDAQ:CREG) Sees Large Increase in Short Interest

Smart Powerr Corp. (NASDAQ:CREG) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 28,100 shares, a growth of 33.2% from the February 13th total of 21,100 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 59,200 shares, the short-interest ratio is currently 0.5 days.

Smart Powerr Price Performance

Shares of CREG stock traded up $0.02 during trading on Tuesday, reaching $0.71. The company’s stock had a trading volume of 3,673 shares, compared to its average volume of 56,076. The company has a market capitalization of $17.29 million, a price-to-earnings ratio of -5.04 and a beta of 0.64. The stock’s 50-day moving average price is $0.69 and its 200 day moving average price is $0.73. Smart Powerr has a 1-year low of $0.53 and a 1-year high of $1.58.

Wall Street Analysts Forecast Growth

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

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.