CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) Short Interest Update

CDT Environmental Technology Investment Holdings Limited (NASDAQ:CDTG) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 10,286 shares, a decrease of 21.3% from the January 29th total of 13,075 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 406,515 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 406,515 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of CDT Environmental Technology Investment in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, CDT Environmental Technology Investment currently has an average rating of “Sell”.

CDT Environmental Technology Investment Stock Performance

Shares of NASDAQ CDTG opened at $0.24 on Monday. CDT Environmental Technology Investment has a fifty-two week low of $0.20 and a fifty-two week high of $2.78. The company’s 50 day simple moving average is $0.33 and its 200 day simple moving average is $0.51.

About CDT Environmental Technology Investment

CDT Environmental Technology Investment Ltd, incorporated in the Cayman Islands, is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the ticker symbol CDTG. The company was formed to raise capital through an initial public offering with the primary objective of identifying and combining with one or more businesses in the environmental technology sector.

Until it completes a business combination, CDT Environmental Technology Investment has no ongoing operations and holds the proceeds of its IPO in a trust account.