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

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 81,400 shares, a decrease of 15.2% from the September 30th total of 96,000 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 19,700 shares, the short-interest ratio is currently 4.1 days.

Hedge Funds Weigh In On Clean Energy Technologies

A hedge fund recently bought a new stake in Clean Energy Technologies stock. Lwmg LLC purchased a new position in shares of Clean Energy Technologies, Inc. (NASDAQ:CETY) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,405,719 shares of the company’s stock, valued at approximately $1,856,000. Clean Energy Technologies comprises approximately 0.4% of Lwmg LLC’s portfolio, making the stock its 26th largest position. Lwmg LLC owned about 3.27% of Clean Energy Technologies at the end of the most recent quarter. Institutional investors and hedge funds own 0.49% of the company’s stock.

Clean Energy Technologies Stock Performance

NASDAQ CETY opened at $0.67 on Tuesday. Clean Energy Technologies has a twelve month low of $0.45 and a twelve month high of $2.39. The stock has a market cap of $29.87 million, a PE ratio of -4.47 and a beta of 0.33. The firm has a 50-day simple moving average of $0.96 and a 200 day simple moving average of $1.18.

Clean Energy Technologies (NASDAQ:CETY) last issued its earnings results on Monday, August 19th. The company reported ($0.02) EPS for the quarter. Clean Energy Technologies had a negative return on equity of 120.10% and a negative net margin of 66.61%. The firm had revenue of $0.20 million during the quarter.

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.