share_log

CEA Industries Inc. (NASDAQ:CEAD) Short Interest Down 30.0% in December

Financial News Live ·  Jan 2, 2023 17:01

CEA Industries Inc. (NASDAQ:CEAD – Get Rating) saw a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 197,500 shares, a decrease of 30.0% from the November 30th total of 282,200 shares. Based on an average trading volume of 217,100 shares, the days-to-cover ratio is currently 0.9 days. Currently, 2.7% of the shares of the stock are short sold.

CEA Industries Price Performance

NASDAQ CEAD traded down $0.04 on Monday, reaching $0.84. The company's stock had a trading volume of 3,021 shares, compared to its average volume of 735,889. CEA Industries has a twelve month low of $0.77 and a twelve month high of $13.50. The firm's 50 day moving average is $0.96 and its two-hundred day moving average is $1.14.

Get CEA Industries alerts:

Institutional Investors Weigh In On CEA Industries

A number of institutional investors and hedge funds have recently bought and sold shares of CEAD. Levin Capital Strategies L.P. acquired a new stake in CEA Industries in the 3rd quarter valued at about $137,000. Virtu Financial LLC purchased a new stake in CEA Industries during the first quarter valued at about $93,000. Bard Associates Inc. lifted its stake in CEA Industries by 11.9% during the second quarter. Bard Associates Inc. now owns 292,550 shares of the company's stock valued at $369,000 after buying an additional 31,050 shares in the last quarter. State Street Corp purchased a new stake in CEA Industries during the third quarter valued at about $29,000. Finally, Vanguard Group Inc. purchased a new stake in CEA Industries during the third quarter valued at about $25,000. 11.01% of the stock is owned by institutional investors and hedge funds.

CEA Industries Company Profile

(Get Rating)

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.

See Also

  • Get a free copy of the StockNews.com research report on CEA Industries (CEAD)
  • MarketBeat: Week in Review 12/26 – 12/30
  • The Dogs Of Tech: It's Time For A Bite Of These Stocks
  • Does This Acquisition Make Microsoft a Bear Market Buy?
  • Should You Warm up to Generac Stock for the Winter?
  • Is Kintara Therapeutics A Hidden Gem?

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

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment