CEA Industries Inc. (NASDAQ:CEAD – Get Rating) was the recipient of a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 282,200 shares, an increase of 12.8% from the November 15th total of 250,100 shares. Currently, 3.9% of the shares of the company are short sold. Based on an average daily trading volume, of 235,900 shares, the days-to-cover ratio is currently 1.2 days.

CEA Industries Stock Down 2.6 %

CEAD opened at $0.97 on Friday. CEA Industries has a 52 week low of $0.83 and a 52 week high of $13.50. The business has a 50 day moving average price of $0.99 and a two-hundred day moving average price of $1.16.

Institutional Investors Weigh In On CEA Industries

Several large investors have recently modified their holdings of CEAD. State Street Corp purchased a new position in CEA Industries in the 3rd quarter valued at $29,000. Vanguard Group Inc. purchased a new stake in shares of CEA Industries in the third quarter valued at about $25,000. Levin Capital Strategies L.P. acquired a new position in shares of CEA Industries during the third quarter worth about $137,000. Millennium Management LLC purchased a new position in CEA Industries during the second quarter worth about $26,000. Finally, Virtu Financial LLC boosted its holdings in CEA Industries by 75.7% in the 2nd quarter. Virtu Financial LLC now owns 64,890 shares of the company's stock valued at $82,000 after purchasing an additional 27,961 shares in the last quarter. Hedge funds and other institutional investors own 9.40% of the company's stock.

CEA Industries Company Profile

CEA Industries Inc provides technology, engineering, and other services to the controlled environment agriculture (CEA) industry worldwide. It offers floor plans and architectural design for cultivation facilities; licensed mechanical, electrical, and plumbing engineering services for commercial scale environmental control systems that are specific to cultivation facilities; and process cooling systems and other climate control systems.

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