Clean Energy Technologies, Inc. (NASDAQ:CETY) Sees Large Drop in Short Interest

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 97,100 shares, a decline of 7.8% from the December 15th total of 105,300 shares. Based on an average trading volume of 89,600 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.5% of the company’s stock are sold short.

Clean Energy Technologies Stock Performance

Shares of NASDAQ:CETY traded up $0.03 during midday trading on Friday, hitting $0.49. 77,868 shares of the company’s stock traded hands, compared to its average volume of 63,260. The company has a market cap of $22.09 million, a PE ratio of -3.07 and a beta of 0.37. The firm’s fifty day moving average price is $0.63 and its two-hundred day moving average price is $0.88. Clean Energy Technologies has a twelve month low of $0.45 and a twelve month 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.