Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Short Interest Update

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 13,100 shares, a decline of 45.0% from the February 13th total of 23,800 shares. Based on an average daily trading volume, of 15,800 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are sold short.

Sunrise New Energy Trading Down 0.6 %

Shares of EPOW traded down $0.01 during midday trading on Friday, hitting $0.87. 108,730 shares of the company traded hands, compared to its average volume of 386,861. Sunrise New Energy has a one year low of $0.53 and a one year high of $1.36. The company has a current ratio of 0.87, a quick ratio of 0.51 and a debt-to-equity ratio of 0.75. The stock has a 50-day moving average of $0.92 and a 200-day moving average of $0.94.

Sunrise New Energy Company Profile

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.