Tecogen Inc. (OTCMKTS:TGEN) Sees Large Growth in Short Interest

Tecogen Inc. (OTCMKTS:TGENGet Free Report) was the target of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 8,500 shares, a growth of 553.8% from the December 31st total of 1,300 shares. Based on an average trading volume of 484,700 shares, the days-to-cover ratio is currently 0.0 days.

Tecogen Stock Up 13.4 %

Shares of TGEN traded up $0.31 during mid-day trading on Thursday, reaching $2.62. The company’s stock had a trading volume of 123,862 shares, compared to its average volume of 227,379. The company has a market cap of $65.37 million, a price-to-earnings ratio of -12.48 and a beta of 0.94. The business has a fifty day moving average of $1.88 and a 200 day moving average of $1.21. The company has a quick ratio of 0.70, a current ratio of 1.53 and a debt-to-equity ratio of 0.03. Tecogen has a 1 year low of $0.59 and a 1 year high of $3.34.

Tecogen Company Profile

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Tecogen Inc, together with its subsidiaries, designs, manufactures, markets, and maintains ultra-clean cogeneration products for multi-family residential, commercial, recreational, and industrial use primarily in the United States. It operates through three segments: Products, Services, and Energy Production.

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