Short Interest in Advent Technologies Holdings, Inc. (NASDAQ:ADN) Increases By 16.8%

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 158,600 shares, a growth of 16.8% from the November 30th total of 135,800 shares. Based on an average daily trading volume, of 1,180,000 shares, the short-interest ratio is currently 0.1 days. Approximately 7.2% of the shares of the company are sold short.

Advent Technologies Stock Up 2.7 %

Shares of NASDAQ:ADN opened at $5.29 on Tuesday. The company’s 50-day moving average price is $4.77 and its 200 day moving average price is $3.64. The company has a market cap of $13.94 million, a PE ratio of -0.20 and a beta of 0.43. Advent Technologies has a fifty-two week low of $1.71 and a fifty-two week high of $9.52.

Advent Technologies (NASDAQ:ADN) last released its quarterly earnings results on Friday, December 27th. The company reported ($3.65) earnings per share for the quarter. Advent Technologies had a negative net margin of 828.45% and a negative return on equity of 442.47%.

Advent Technologies Company Profile

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.