Cenntro Inc. (NASDAQ:CENN) Short Interest Update

Cenntro Inc. (NASDAQ:CENN) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 3,938,632 shares, a growth of 33.4% from the December 15th total of 2,952,811 shares. Based on an average trading volume of 1,583,892 shares, the days-to-cover ratio is presently 2.5 days. Currently, 5.3% of the company’s stock are short sold. Currently, 5.3% of the company’s stock are short sold. Based on an average trading volume of 1,583,892 shares, the days-to-cover ratio is presently 2.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Cenntro in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Cenntro Price Performance

Shares of Cenntro stock opened at $0.16 on Friday. The firm’s fifty day simple moving average is $0.16 and its 200-day simple moving average is $0.37. Cenntro has a 12 month low of $0.13 and a 12 month high of $1.24. The stock has a market capitalization of $13.93 million, a price-to-earnings ratio of -0.31 and a beta of 0.11.

About Cenntro

Cenntro Electric Group, Inc (NASDAQ:CENN) is a manufacturer and distributor of electric commercial vehicles, specializing in purpose-built solutions for urban logistics, passenger transport and industrial applications. The company’s product portfolio is anchored by its CF1 series light‐duty electric truck platform, offering zero‐emission alternatives to traditional internal combustion engines. In addition to its core truck lineup, Cenntro develops electric passenger shuttles, utility vehicles and specialty platforms tailored to customer requirements across multiple sectors.

Beyond vehicle production, Cenntro provides end‐to‐end services including battery management, telematics integration and ongoing fleet support.