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

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 170,600 shares, an increase of 43.6% from the February 13th total of 118,800 shares. Based on an average daily volume of 231,100 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.9% of the company’s stock are short sold.

Clean Energy Technologies Stock Up 9.7 %

CETY opened at $0.60 on Monday. The stock has a market cap of $27.03 million, a price-to-earnings ratio of -3.76 and a beta of 0.26. Clean Energy Technologies has a twelve month low of $0.42 and a twelve month high of $1.99. The company’s 50-day moving average price is $0.49 and its two-hundred day moving average price is $0.70.

Institutional Trading of Clean Energy Technologies

A hedge fund recently bought a new stake 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 the company in its most recent 13F 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 about 0.11% of Clean Energy Technologies as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 0.49% of the company’s stock.

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.