Advent Technologies Holdings, Inc. (NASDAQ:ADN) Short Interest Update

Advent Technologies Holdings, Inc. (NASDAQ:ADN) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 27,500 shares, a decrease of 19.1% from the August 31st total of 34,000 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.3% of the company’s shares are short sold.

Advent Technologies Stock Performance

NASDAQ ADN opened at $2.10 on Friday. Advent Technologies has a fifty-two week low of $1.86 and a fifty-two week high of $18.90. The stock has a 50 day simple moving average of $3.13 and a two-hundred day simple moving average of $12.66. The stock has a market cap of $5.54 million, a P/E ratio of -0.04 and a beta of 0.15.

Advent Technologies (NASDAQ:ADN) last released its quarterly earnings data on Tuesday, August 20th. The company reported ($10.32) earnings per share for the quarter. Advent Technologies had a negative return on equity of 165.25% and a negative net margin of 1,469.38%. The business had revenue of $1.51 million during the quarter.

Institutional Investors Weigh In On Advent Technologies

An institutional investor recently bought a new position in Advent Technologies stock. Mirae Asset Global Investments Co. Ltd. acquired a new position in Advent Technologies Holdings, Inc. (NASDAQ:ADN) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 355,687 shares of the company’s stock, valued at approximately $64,000. Mirae Asset Global Investments Co. Ltd. owned 0.57% of Advent Technologies as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 17.52% of the company’s stock.

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.