Short Interest in CN Energy Group. Inc. (NASDAQ:CNEY) Drops By 81.7%

Posted by Patrick Bannon on Jun 26th, 2026

CN Energy Group. Inc. (NASDAQ:CNEY – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 180,231 shares, a decrease of 81.7% from the May 31st total of 982,747 shares. Currently, 3.2% of the company’s shares are sold short. Based on an average daily volume of 168,603 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in CN Energy Group. stock. Renaissance Technologies LLC purchased a new stake in shares of CN Energy Group. Inc. (NASDAQ:CNEY – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 74,391 shares of the company’s stock, valued at approximately $30,000. Renaissance Technologies LLC owned 1.32% of CN Energy Group. at the end of the most recent quarter. 7.64% of the stock is owned by institutional investors and hedge funds.

CN Energy Group. Trading Down 21.6%

Shares of CNEY opened at $0.52 on Friday. CN Energy Group. has a fifty-two week low of $0.31 and a fifty-two week high of $2.95. The company’s fifty day moving average is $0.92 and its two-hundred day moving average is $0.79.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of CN Energy Group. in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on CNEY

About CN Energy Group.

(Get Free Report)

CN Energy Group. Inc, through its subsidiaries, engages in the manufacture and supply of wood-based activated carbon primarily in China. The company’s activated carbon is used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, and food and beverage production. It also engages in the generation and supply of biomass electricity; production of steam for heating; sale of minerals, stone, metal materials, construction materials, wood, chemical materials and products, rubber products, and paper products; management and conversion of forest and natural ecosystem; and forest acquisition, rights transfer, and nurturing, and timber harvesting and processing activities.