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

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 314,500 shares, a growth of 84.3% from the February 28th total of 170,600 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 248,400 shares, the days-to-cover ratio is currently 1.3 days.

Clean Energy Technologies Trading Down 5.7 %

Shares of CETY opened at $0.48 on Monday. The stock has a market cap of $22.47 million, a P/E ratio of -3.01 and a beta of 0.26. Clean Energy Technologies has a 1 year low of $0.42 and a 1 year high of $1.99. The stock’s 50-day moving average price is $0.52 and its two-hundred day moving average price is $0.66.

Institutional Trading of Clean Energy Technologies

An institutional investor recently bought a new position in Clean Energy Technologies stock. Jane Street Group LLC bought a new position in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 50,100 shares of the company’s stock, valued at approximately $31,000. Jane Street Group LLC owned 0.11% of Clean Energy Technologies as of its most recent filing with the Securities & Exchange Commission. 0.49% of the stock is currently owned by hedge funds and other institutional investors.

About Clean Energy Technologies

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.