Smart Powerr Corp. (NASDAQ:CREG) Short Interest Up 117.2% in January

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

Smart Powerr Stock Up 2.8 %

Smart Powerr stock traded up $0.02 during mid-day trading on Friday, hitting $0.65. The company had a trading volume of 19,522 shares, compared to its average volume of 58,816. The stock has a market cap of $5.70 million, a price-to-earnings ratio of -4.64 and a beta of 0.65. Smart Powerr has a 1 year low of $0.53 and a 1 year high of $2.00. The business has a fifty day moving average of $0.68 and a 200 day moving average of $0.78.

Smart Powerr (NASDAQ:CREG) last announced its quarterly earnings results on Friday, November 8th. The business services provider reported ($0.03) EPS for the quarter.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Smart Powerr in a research report on Wednesday. They set 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.