Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Decreases By 9.5%

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a significant drop in short interest in March. As of March 31st, there was short interest totalling 173,200 shares, a drop of 9.5% from the March 15th total of 191,300 shares. Based on an average daily trading volume, of 773,500 shares, the days-to-cover ratio is presently 0.2 days. Approximately 1.6% of the shares of the stock are short sold.

Clean Energy Technologies Stock Performance

Shares of NASDAQ:CETY traded up $0.05 during midday trading on Tuesday, reaching $1.63. The company’s stock had a trading volume of 76,785 shares, compared to its average volume of 693,767. Clean Energy Technologies has a fifty-two week low of $0.45 and a fifty-two week high of $3.12. The business’s fifty day simple moving average is $0.93 and its 200-day simple moving average is $1.28.

Institutional Trading of Clean Energy Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of Clean Energy Technologies by 77.6% in the third quarter. Vanguard Group Inc. now owns 34,981 shares of the company’s stock valued at $65,000 after buying an additional 15,281 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Clean Energy Technologies in the second quarter valued at $51,000. BlackRock Inc. acquired a new stake in shares of Clean Energy Technologies in the second quarter valued at $52,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of Clean Energy Technologies in the second quarter valued at $70,000. Finally, Geode Capital Management LLC acquired a new stake in shares of Clean Energy Technologies in the second quarter valued at $130,000. 0.49% of the stock is currently owned by institutional investors and hedge funds.

About Clean Energy Technologies

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy. The company operates through four segments: Clean Energy Solutions, CETY Europe, Electronic Manufacturing Business, and CETY HK. It offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities.