Clean Energy Technologies, Inc. (NASDAQ:CETY) Short Interest Update

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 160,165 shares, a growth of 95.2% from the January 29th total of 82,042 shares. Based on an average daily volume of 988,123 shares, the short-interest ratio is presently 0.2 days. Currently, 4.8% of the company’s stock are short sold. Currently, 4.8% of the company’s stock are short sold. Based on an average daily volume of 988,123 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. SG Americas Securities LLC acquired a new stake in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 44,633 shares of the company’s stock, valued at approximately $32,000. SG Americas Securities LLC owned about 0.84% of Clean Energy Technologies at the end of the most recent reporting period. 0.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently weighed in on CETY shares. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Clean Energy Technologies in a research report on Wednesday, January 21st. Wall Street Zen upgraded shares of Clean Energy Technologies to a “sell” rating in a research note on Saturday, December 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Clean Energy Technologies Trading Down 3.3%

NASDAQ CETY opened at $0.81 on Monday. The firm has a market capitalization of $4.31 million, a P/E ratio of -0.66 and a beta of -1.31. The firm’s fifty day moving average price is $0.75 and its two-hundred day moving average price is $1.94. Clean Energy Technologies has a 1 year low of $0.46 and a 1 year high of $11.20.

About Clean Energy Technologies

Clean Energy Technologies, Inc (NASDAQ: CETY) is an energy technology company focused on the design, development and operation of renewable natural gas (RNG) systems. By deploying anaerobic digestion solutions, the company captures methane emissions from agricultural and organic waste streams and upgrades it into pipeline-quality RNG. This process not only reduces greenhouse gas emissions but also provides a sustainable energy alternative that can be used in utility gas grids, heavy-duty transportation and industrial applications.

The company offers a turnkey service model that spans project feasibility, engineering, equipment supply, construction management, financing and ongoing operations and maintenance.