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

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

Smart Powerr Trading Up 2.8 %

Shares of NASDAQ CREG traded up $0.02 during midday trading on Friday, reaching $0.65. 19,522 shares of the company were exchanged, compared to its average volume of 58,816. The stock has a fifty day simple moving average of $0.68 and a 200 day simple moving average of $0.78. The stock has a market cap of $5.70 million, a P/E 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.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Smart Powerr in a research note on Wednesday. They set a “sell” rating for the company.

About Smart Powerr

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.