Clean Energy Technologies, Inc. (NASDAQ:CETY - Get Free Report) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 173,200 shares, a decrease of 9.5% from the March 15th total of 191,300 shares. Approximately 1.6% of the company's stock are short sold. Based on an average daily volume of 773,500 shares, the days-to-cover ratio is currently 0.2 days.
Hedge Funds Weigh In On Clean Energy Technologies
A number of institutional investors have recently modified their holdings of CETY. Charles Schwab Investment Management Inc. acquired a new position in shares of Clean Energy Technologies during the second quarter worth approximately $70,000. Geode Capital Management LLC bought a new stake in Clean Energy Technologies during the second quarter worth $130,000. BlackRock Inc. bought a new stake in Clean Energy Technologies during the second quarter worth $52,000. Goldman Sachs Group Inc. bought a new stake in Clean Energy Technologies during the second quarter worth $51,000. Finally, Vanguard Group Inc. grew its holdings in Clean Energy Technologies by 77.6% during the third quarter. Vanguard Group Inc. now owns 34,981 shares of the company's stock worth $65,000 after buying an additional 15,281 shares in the last quarter. 0.49% of the stock is owned by institutional investors and hedge funds.
Clean Energy Technologies Price Performance
Shares of NASDAQ:CETY traded down $0.05 during trading on Monday, reaching $1.58. 128,914 shares of the stock were exchanged, compared to its average volume of 702,336. Clean Energy Technologies has a 1-year low of $0.45 and a 1-year high of $3.12. The stock has a fifty day moving average of $0.91 and a two-hundred day moving average of $1.28.
About Clean Energy Technologies
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Clean Energy Technologies, Inc designs, produces, and markets clean energy products and integrated solutions that focuses on energy efficiency and renewable energy. The company operates through four segments: Clean Energy Solutions, CETY Europe, Electronic Manufacturing Business, and CETY HK. It offers Clean Cycle, which generates electricity by recycling wasted heat produced in manufacturing, waste to energy, and power generation facilities.
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