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

Clean Energy Technologies, Inc. (NASDAQ:CETY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 59,245 shares, an increase of 364.7% from the May 31st total of 12,748 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 104,030 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Clean Energy Technologies

An institutional investor recently bought a new stake in Clean Energy Technologies stock. SG Americas Securities LLC acquired a new stake in Clean Energy Technologies, Inc. (NASDAQ:CETY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 44,633 shares of the company’s stock, valued at approximately $32,000. SG Americas Securities LLC owned 0.84% of Clean Energy Technologies at the end of the most recent reporting period. Institutional investors and hedge funds own 0.49% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Clean Energy Technologies in a research note on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Clean Energy Technologies Price Performance

CETY stock traded down $0.01 during midday trading on Friday, reaching $0.81. 20,229 shares of the company’s stock traded hands, compared to its average volume of 73,375. The company has a market capitalization of $9.92 million, a P/E ratio of -0.54 and a beta of -1.49. Clean Energy Technologies has a fifty-two week low of $0.46 and a fifty-two week high of $5.01. The business has a 50-day moving average price of $0.80 and a two-hundred day moving average price of $0.81.

About Clean Energy Technologies

Clean Energy Technologies, Inc (NASDAQ: CETY) is an energy technology company focused on the design, development and operation of renewable natural gas (RNG) systems. By deploying anaerobic digestion solutions, the company captures methane emissions from agricultural and organic waste streams and upgrades it into pipeline-quality RNG. This process not only reduces greenhouse gas emissions but also provides a sustainable energy alternative that can be used in utility gas grids, heavy-duty transportation and industrial applications.

The company offers a turnkey service model that spans project feasibility, engineering, equipment supply, construction management, financing and ongoing operations and maintenance.