Smart Powerr Corp. (NASDAQ:CREG) Short Interest Update

Smart Powerr Corp. (NASDAQ:CREG) was the recipient of a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 21,784 shares, a decrease of 30.4% from the January 15th total of 31,286 shares. Based on an average daily volume of 109,568 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 109,568 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Smart Powerr in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Smart Powerr stock. Ground Swell Capital LLC purchased a new stake in Smart Powerr Corp. (NASDAQ:CREG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 29,088 shares of the business services provider’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned 1.00% of Smart Powerr at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.22% of the company’s stock.

Smart Powerr Trading Down 3.2%

CREG stock traded down $0.04 during trading on Friday, reaching $1.20. 55,270 shares of the stock were exchanged, compared to its average volume of 76,057. Smart Powerr has a twelve month low of $0.93 and a twelve month high of $14.70. The company has a market capitalization of $24.97 million, a P/E ratio of -0.69 and a beta of 0.37. The stock has a 50 day simple moving average of $1.23 and a 200-day simple moving average of $1.35.

Smart Powerr (NASDAQ:CREG) last posted its quarterly earnings results on Thursday, November 13th. The business services provider reported ($0.08) EPS for the quarter.

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. It also designs, finances, constructs, and installs the waste energy recycling project to mid to large-size enterprises involved in high energy-consuming businesses; and provides project investment, investment management, economic information consulting, technical, financial leasing, and financial leasing transactions and consulting services; purchases, repairs, and disposes financial leasing assets; sells and leases energy saving systems and equipment.