Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Expands By 133.3%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 2,100 shares, an increase of 133.3% from the September 30th total of 900 shares. Based on an average daily trading volume, of 12,700 shares, the days-to-cover ratio is currently 0.2 days.

ADS-TEC Energy Stock Performance

ADS-TEC Energy stock opened at $3.48 on Friday. ADS-TEC Energy has a fifty-two week low of $0.55 and a fifty-two week high of $3.65. The firm’s fifty day moving average price is $2.58 and its 200-day moving average price is $2.36.

ADS-TEC Energy Company Profile

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.