Short Interest in Applied Energetics, Inc. (OTCMKTS:AERG) Decreases By 6.8%

Applied Energetics, Inc. (OTCMKTS:AERG) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 707,500 shares, a decrease of 6.8% from the October 31st total of 759,100 shares. Based on an average daily volume of 191,300 shares, the days-to-cover ratio is presently 3.7 days.

Applied Energetics Trading Down 2.5 %

Shares of AERG stock opened at $0.78 on Wednesday. The company has a market capitalization of $166.76 million, a PE ratio of -26.00 and a beta of 0.24. The firm has a fifty day simple moving average of $0.87 and a 200-day simple moving average of $1.17. Applied Energetics has a twelve month low of $0.43 and a twelve month high of $2.29.

About Applied Energetics

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.