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

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a large increase in short interest during the month of 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 volume of 12,700 shares, the short-interest ratio is presently 0.2 days.

ADS-TEC Energy Stock Performance

Shares of ADSEW opened at $3.48 on Friday. The business has a 50-day moving average of $2.58 and a 200-day moving average of $2.36. ADS-TEC Energy has a 1 year low of $0.55 and a 1 year high of $3.65.

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.