Short Interest in Clean Energy Technologies, Inc. (NASDAQ:CETY) Declines By 9.5%

Clean Energy Technologies, Inc. (NASDAQ:CETY) was the target of a significant decrease in short interest during 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. Based on an average daily trading volume, of 773,500 shares, the short-interest ratio is presently 0.2 days. Approximately 1.6% of the shares of the company are sold short.

Institutional Investors Weigh In On Clean Energy Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised 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 purchasing an additional 15,281 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in Clean Energy Technologies during the second quarter worth about $51,000. BlackRock Inc. purchased a new position in Clean Energy Technologies during the second quarter worth about $52,000. Geode Capital Management LLC purchased a new position in Clean Energy Technologies during the second quarter worth about $130,000. Finally, Charles Schwab Investment Management Inc. purchased a new position in Clean Energy Technologies during the second quarter worth about $70,000. 0.49% of the stock is owned by hedge funds and other institutional investors.

Clean Energy Technologies Stock Up 3.2 %

Shares of NASDAQ:CETY opened at $1.63 on Wednesday. The company has a 50-day simple moving average of $0.95 and a 200-day simple moving average of $1.28. Clean Energy Technologies has a one year low of $0.45 and a one year high of $3.12.

Clean Energy Technologies Company Profile

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.