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

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a large 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. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 104,030 shares, the days-to-cover ratio is currently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Clean Energy Technologies in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Clean Energy Technologies has an average rating of “Sell”.

Clean Energy Technologies Price Performance

Clean Energy Technologies stock traded down $0.01 during midday trading on Friday, hitting $0.81. 20,229 shares of the stock were exchanged, compared to its average volume of 73,375. Clean Energy Technologies has a 1 year low of $0.46 and a 1 year high of $5.01. The firm has a market cap of $9.92 million, a P/E ratio of -0.54 and a beta of -1.49. The company has a 50 day moving average price of $0.80 and a two-hundred day moving average price of $0.81.

Institutional Inflows and Outflows

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

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.