Cenntro Electrical Group Restricted (NASDAQ:CENN – Get Ranking) was the recipient of a giant lower in brief curiosity in September. As of September thirtieth, there was brief curiosity totalling 10,280,000 shares, a lower of 19.1% from the September fifteenth whole of 12,700,000 shares. Presently, 6.1% of the corporate’s shares are brief bought. Based mostly on a mean buying and selling quantity of two,630,000 shares, the short-interest ratio is at present 3.9 days.
Institutional Buyers Weigh In On Cenntro Electrical Group
A number of massive buyers have just lately purchased and bought shares of the inventory. Data Leaders Capital LLC bought a brand new place in shares of Cenntro Electrical Group within the 2nd quarter valued at about $25,000. Value T Rowe Associates Inc. MD acquired a brand new stake in shares of Cenntro Electrical Group within the 2nd quarter valued at about $27,000. ProShare Advisors LLC acquired a brand new stake in shares of Cenntro Electrical Group within the 2nd quarter valued at about $32,000. Valeo Monetary Advisors LLC acquired a brand new stake in shares of Cenntro Electrical Group within the 2nd quarter valued at about $38,000. Lastly, Strs Ohio acquired a brand new stake in shares of Cenntro Electrical Group within the 2nd quarter valued at about $64,000. Hedge funds and different institutional buyers personal 8.03% of the corporate’s inventory.
Cenntro Electrical Group Value Efficiency
CENN traded down $0.02 throughout mid-day buying and selling on Friday, hitting $0.97. 892,916 shares of the inventory have been exchanged, in comparison with its common quantity of two,064,819. The agency’s fifty day shifting common is $1.25 and its two-hundred day shifting common is $1.56. Cenntro Electrical Group has a 1-year low of $0.90 and a 1-year excessive of $14.06.
About Cenntro Electrical Group
(Get Ranking)
Cenntro Electrical Group Restricted designs and manufactures electrical gentle and medium-duty industrial automobiles in Europe, North America, and Asia. It serves company and governmental organizations. The corporate was previously generally known as Bare Model Group Restricted and altered its identify to Cenntro Electrical Group Restricted in December 2021.
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