Cenntro Electric Group Limited (NASDAQ:CENN) Short Interest Update

Cenntro Electric Group Limited (NASDAQ:CENNGet Rating) was the recipient of a large increase in short interest during the month of December. As of December 30th, there was short interest totalling 10,840,000 shares, an increase of 56.6% from the December 15th total of 6,920,000 shares. Based on an average trading volume of 5,350,000 shares, the short-interest ratio is presently 2.0 days. Approximately 6.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Cenntro Electric Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD increased its position in Cenntro Electric Group by 74.1% during the 3rd quarter. Price T Rowe Associates Inc. MD now owns 30,582 shares of the company’s stock worth $32,000 after purchasing an additional 13,017 shares during the period. Knowledge Leaders Capital LLC acquired a new stake in Cenntro Electric Group during the 2nd quarter valued at $25,000. State Street Corp grew its holdings in Cenntro Electric Group by 0.5% during the 3rd quarter. State Street Corp now owns 3,525,188 shares of the company’s stock valued at $3,631,000 after buying an additional 18,771 shares during the last quarter. ProShare Advisors LLC acquired a new stake in Cenntro Electric Group during the 2nd quarter valued at $32,000. Finally, Valeo Financial Advisors LLC purchased a new position in shares of Cenntro Electric Group during the 2nd quarter worth $38,000. Institutional investors and hedge funds own 8.17% of the company’s stock.

Cenntro Electric Group Stock Up 3.8 %

CENN opened at $0.53 on Friday. The business has a 50 day moving average price of $0.53 and a two-hundred day moving average price of $1.02. Cenntro Electric Group has a 52 week low of $0.26 and a 52 week high of $3.00.

Cenntro Electric Group Company Profile

(Get Rating)

Cenntro Electric Group Ltd. is an EV technology company that designs and manufactures electric light and medium duty commercial vehicles. The company’s ECVs are designed to serve a variety of corporate and governmental organizations in support of city services, last-mile delivery and other commercial applications.

Featured Articles

Receive News & Ratings for Cenntro Electric Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cenntro Electric Group and related companies with MarketBeat.com's FREE daily email newsletter.