China Recycling Energy Co. (NASDAQ:CREG) Short Interest Update

China Recycling Energy Co. (NASDAQ:CREG) was the recipient of a large growth in short interest in the month of November. As of November 29th, there was short interest totalling 290,800 shares, a growth of 23.9% from the November 14th total of 234,800 shares. Based on an average trading volume of 367,600 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.1% of the company’s stock are sold short.

NASDAQ CREG traded up $0.06 during trading on Friday, reaching $0.30. 3,821,787 shares of the company’s stock were exchanged, compared to its average volume of 512,583. China Recycling Energy has a fifty-two week low of $0.16 and a fifty-two week high of $1.47. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.03. The company’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $0.36.

China Recycling Energy Company Profile

China Recycling Energy Corporation engages in the recycling energy business in China. It designs, finances, constructs, operates, and transfers waste energy recycling projects to mid- to large-size enterprises involved in high energy-consuming businesses. The company offers waste pressure-to-energy solutions, including the blast furnace top gas recovery turbine unit, a system that utilizes high pressure gas emitted from the blast furnace top to drive turbine units and generates electricity; and waste heat-to-energy solutions, such as heat power generation projects for applications in cement, steel, coking coal, and nonferrous metal industries, which collect the residual heat from various manufacturing processes.

See Also: Cost of Goods Sold (COGS)

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