Short Interest in Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Declines By 22.1%

Sunrise New Energy Co., Ltd. (NASDAQ:EPOWGet Free Report) saw a large decline in short interest in February. As of February 29th, there was short interest totalling 28,200 shares, a decline of 22.1% from the February 14th total of 36,200 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 26,300 shares, the short-interest ratio is currently 1.1 days.

Sunrise New Energy Stock Performance

Shares of NASDAQ EPOW traded down $0.03 during trading on Friday, hitting $0.88. 37,613 shares of the company were exchanged, compared to its average volume of 23,946. Sunrise New Energy has a 1 year low of $0.70 and a 1 year high of $2.98. The firm’s fifty day moving average price is $0.93 and its 200 day moving average price is $1.28. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.30 and a quick ratio of 0.79.

Sunrise New Energy Company Profile

(Get Free Report)

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.

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