CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) Sees Large Drop in Short Interest

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) saw a significant decrease in short interest in February. As of February 15th, there was short interest totalling 28,100 shares, a decrease of 48.8% from the January 31st total of 54,900 shares. Based on an average daily volume of 230,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.9% of the company’s stock are short sold.

Institutional Trading of CDT Environmental Technology Investment

Hedge funds have recently modified their holdings of the business. XTX Topco Ltd purchased a new stake in shares of CDT Environmental Technology Investment in the fourth quarter valued at $46,000. Citadel Advisors LLC purchased a new stake in shares of CDT Environmental Technology Investment in the fourth quarter valued at $240,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of CDT Environmental Technology Investment in the fourth quarter valued at $266,000.

CDT Environmental Technology Investment Stock Performance

CDTG opened at $1.38 on Friday. The stock has a fifty day moving average of $2.17 and a 200-day moving average of $2.93. CDT Environmental Technology Investment has a 12-month low of $1.16 and a 12-month high of $4.64.

CDT Environmental Technology Investment Company Profile

CDT Environmental Technology Investment Holdings Limited designs, develops, manufactures, sells, installs, operates, and maintains sewage treatment systems in China. The company sells complete sewage treatment systems; constructs rural sewage treatment plants; installs systems; and provides on-going operation and maintenance services for systems and plants in China for municipalities and enterprise clients.