ADS-TEC Energy PLC (NASDAQ:ADSEW) Sees Significant Decrease in Short Interest

ADS-TEC Energy PLC (NASDAQ:ADSEW) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 24,000 shares, a decrease of 6.3% from the May 31st total of 25,600 shares. Based on an average trading volume of 8,100 shares, the days-to-cover ratio is currently 3.0 days.

ADS-TEC Energy Stock Performance

Shares of NASDAQ:ADSEW opened at $2.43 on Tuesday. ADS-TEC Energy has a 12 month low of $0.39 and a 12 month high of $2.71. The business has a 50-day moving average of $2.23 and a two-hundred day moving average of $1.67.

About ADS-TEC Energy

ADS-TEC Energy PLC engages in the provision of intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for Electric Vehicles (EVs) on power limited grids; and energy storage and management solutions for commercial and industrial, and residential sector coupling applications.