Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Grows By 57.0%

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 121,700 shares, a growth of 57.0% from the October 31st total of 77,500 shares. Based on an average trading volume of 75,100 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Lwmg LLC purchased a new position in Clean Energy Technologies, Inc. (NASDAQ:CETY) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,405,719 shares of the company’s stock, valued at approximately $1,856,000. Clean Energy Technologies makes up 0.4% of Lwmg LLC’s investment portfolio, making the stock its 26th largest holding. Lwmg LLC owned approximately 3.27% of Clean Energy Technologies at the end of the most recent quarter. 0.49% of the stock is currently owned by institutional investors.

Clean Energy Technologies Price Performance

Shares of NASDAQ:CETY traded down $0.00 during trading on Friday, hitting $0.69. 1,571 shares of the stock were exchanged, compared to its average volume of 254,324. The company’s fifty day simple moving average is $0.82 and its 200-day simple moving average is $1.06. Clean Energy Technologies has a 1-year low of $0.45 and a 1-year high of $2.39.

Clean Energy Technologies Company Profile

Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy in the United States. It operates through four segments: Clean Energy HRS and CETY Europe, CETY Renewables Waste to Energy Solutions, engineering and Manufacturing Business, and CETY HK.