Clean Diesel Technologies, Inc. (NASDAQ:CDTI) was the recipient of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 975,151 shares, an increase of 54.5% from the November 15th total of 631,053 shares. Currently, 9.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,054,654 shares, the days-to-cover ratio is currently 0.9 days.
CDTI has been the topic of several recent analyst reports. ValuEngine downgraded Clean Diesel Technologies from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. Roth Capital set a $2.00 price target on Clean Diesel Technologies and gave the stock a “hold” rating in a report on Sunday, August 20th. Finally, Cowen set a $4.00 price target on Clean Diesel Technologies and gave the stock a “buy” rating in a report on Friday, August 25th.
Clean Diesel Technologies (NASDAQ:CDTI) opened at $1.84 on Monday. Clean Diesel Technologies has a fifty-two week low of $1.26 and a fifty-two week high of $3.72.
About Clean Diesel Technologies
Clean Diesel Technologies, Inc commercializes its material technology by manufacturing and distributing light duty vehicle catalysts, and heavy duty diesel emissions control systems and products to automakers, distributors, integrators and retrofitters. The Company operates through two business division segments: Catalyst, which develops and produces catalysts to reduce emissions from gasoline, diesel and natural gas combustion engines, and Heavy Duty Diesel Systems, which designs and manufactures verified exhaust emissions control solutions for a range of heavy duty diesel applications.
Receive News & Ratings for Clean Diesel Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clean Diesel Technologies and related companies with MarketBeat.com's FREE daily email newsletter.