CGE Energy Inc. (OTCMKTS:CGEI) Sees Large Growth in Short Interest

Financial News Live ·  Sep 18, 2022 02:02

CGE Energy Inc. (OTCMKTS:CGEI – Get Rating) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, an increase of 50.0% from the August 15th total of 200 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is presently 0.0 days.

CGE Energy Price Performance

Shares of OTCMKTS CGEI remained flat at $0.70 during mid-day trading on Friday. The stock had a trading volume of 25 shares, compared to its average volume of 5,423. The firm's 50 day simple moving average is $0.65 and its two-hundred day simple moving average is $0.67. CGE Energy has a 1 year low of $0.34 and a 1 year high of $0.90.

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CGE Energy Company Profile

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CGE Energy Inc develops and operates long-term energy projects for commercial, municipal, nonprofit, and international customers. The company installs LED lighting products and solar PVs; develops, designs, and constructs solar PV projects; and designs WINDe20 vertical-axis wind turbines. The company was founded in 1989 and is based in Brighton, Michigan.

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