Short Interest in Smart Powerr Corp. (NASDAQ:CREG) Rises By 48.1%

Smart Powerr Corp. (NASDAQ:CREG) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 30,500 shares, an increase of 48.1% from the March 31st total of 20,600 shares. Approximately 0.6% of the shares of the company are short sold. Based on an average daily trading volume, of 33,400 shares, the short-interest ratio is currently 0.9 days.

Smart Powerr Trading Up 1.9 %

CREG stock traded up $0.02 during trading on Friday, hitting $1.07. 42,719 shares of the stock traded hands, compared to its average volume of 25,288. The stock has a market cap of $8.52 million, a price-to-earnings ratio of -11.89 and a beta of 0.75. Smart Powerr has a one year low of $0.99 and a one year high of $2.20. The company has a 50 day simple moving average of $1.34 and a 200 day simple moving average of $1.32.

Smart Powerr (NASDAQ:CREG) last issued its quarterly earnings data on Thursday, April 11th. The business services provider reported ($0.03) earnings per share (EPS) for the quarter.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Smart Powerr in a 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.