ADS-TEC Energy PLC (NASDAQ:ADSE) Short Interest Up 43.9% in October

ADS-TEC Energy PLC (NASDAQ:ADSE) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 184,200 shares, an increase of 43.9% from the September 30th total of 128,000 shares. Based on an average daily volume of 106,900 shares, the short-interest ratio is presently 1.7 days. Currently, 0.8% of the company’s stock are short sold.

ADS-TEC Energy Trading Up 2.5 %

NASDAQ:ADSE opened at $14.50 on Friday. The stock has a 50-day simple moving average of $12.91 and a 200 day simple moving average of $12.05. ADS-TEC Energy has a 52-week low of $6.10 and a 52-week high of $15.01.

Hedge Funds Weigh In On ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC bought a new stake in ADS-TEC Energy PLC (NASDAQ:ADSE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 14,200 shares of the company’s stock, valued at approximately $149,000. Institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Company Profile

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