Short Interest Coverage: Hongli Clean Energy Tech Corporation (NASDAQ:CETC) Just Reported Increased Shorts

November 29, 2016 - By Ruchi Gupta   ·   0 Comments

Short Interest Coverage: Hongli Clean Energy Tech Corporation (NASDAQ:CETC) Just Reported Increased Shorts

The stock of Hongli Clean Energy Tech Corporation (NASDAQ:CETC) registered an increase of 3.86% in short interest. CETC’s total short interest was 29,600 shares in November as published by FINRA. Its up 3.86% from 28,500 shares, reported previously. With 9,900 shares average volume, it will take short sellers 3 days to cover their CETC’s short positions. The stock decreased 0.50% or $0.02 on November 28, hitting $4. Hongli Clean Energy Technologies Corp (NASDAQ:CETC) has declined 20.00% since April 26, 2016 and is downtrending. It has underperformed by 25.26% the S&P500.

Hongli Clean Energy Technologies Corp., formerly SinoCoking Coal and Coke Chemical Industries, Inc., is a producer of clean energy products. The company has a market cap of $9.41 million. The Company’s products include washed coal, medium or mid-coal and coal slurries, coke, coke powder, coal tar and crude benzol, synthetic gas and electricity. It currently has negative earnings. The Firm controls four coal mines.

CETC Company Profile

Hongli Clean Energy Technologies Corp., formerly SinoCoking Coal and Coke Chemical Industries, Inc., incorporated on September 30, 1996, is a producer of clean energy products. The Company’s products include washed coal, medium or mid-coal and coal slurries, coke, coke powder, coal tar and crude benzol, synthetic gas (syngas) and electricity. The Firm controls four coal mines.

More notable recent Hongli Clean Energy Technologies Corp (NASDAQ:CETC) news were published by: Prnewswire.com which released: “Nasdaq Panel Grants the Request of Hongli Clean Energy Technologies Corp. for …” on November 22, 2016, also Prnewswire.com with their article: “Hongli Clean Energy Technologies Corp Announces Reverse Stock Split” published on October 26, 2016, Reuters.com published: “BRIEF-Hongli Clean Energy Technologies Corp announces 1 for 10 reverse sto…” on October 26, 2016. More interesting news about Hongli Clean Energy Technologies Corp (NASDAQ:CETC) were released by: Prnewswire.com and their article: “Hongli Clean Energy Technologies Corp. Announces Receipt of Delinquency Letter …” published on October 18, 2016 as well as Globenewswire.com‘s news article titled: “Hongli Clean Energy Technologies Corp. Plans to Lease Syngas Production …” with publication date: August 12, 2015.

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By Ruchi Gupta


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