Short Interest in Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) Declines By 6.6%

Sunrise New Energy Co., Ltd. (NASDAQ:EPOW) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 22,700 shares, a decline of 6.6% from the January 15th total of 24,300 shares. Based on an average daily trading volume, of 21,000 shares, the short-interest ratio is currently 1.1 days. Currently, 0.1% of the shares of the stock are sold short.

Sunrise New Energy Stock Down 4.8 %

Shares of EPOW traded down $0.05 during trading hours on Monday, hitting $1.00. 79,730 shares of the stock were exchanged, compared to its average volume of 9,639. The stock’s 50-day moving average price is $0.87 and its two-hundred day moving average price is $0.93. Sunrise New Energy has a 12-month low of $0.53 and a 12-month high of $1.36. The company has a quick ratio of 0.51, a current ratio of 0.87 and a debt-to-equity ratio of 0.75.

Sunrise New Energy Company Profile

Sunrise New Energy Co, Ltd. engages in the manufacture and sale of graphite anode material for EVs and other lithium-ion batteries. The company also operates a peer-to-peer knowledge sharing and enterprise service platform business. In addition, it offers education consulting, training, tailored, information technology, business incubation, enterprise information technology integration, health, and agricultural technology services, as well as cultural and artistic exchanges and planning, and conference services.