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

Smart Powerr Corp. (NASDAQ:CREG) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 6,300 shares, a growth of 117.2% from the December 15th total of 2,900 shares. Based on an average daily volume of 92,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Smart Powerr Price Performance

Shares of Smart Powerr stock traded up $0.01 on Thursday, hitting $0.64. 25,491 shares of the company’s stock traded hands, compared to its average volume of 86,368. The company has a market capitalization of $5.59 million, a price-to-earnings ratio of -4.55 and a beta of 0.65. Smart Powerr has a one year low of $0.53 and a one year high of $2.00. The company has a fifty day moving average of $0.70 and a two-hundred day moving average of $0.81.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on Smart Powerr in a report on Monday. 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.