Summer Energy Holdings, Inc. (OTCMKTS:SUME) Sees Large Growth in Short Interest

Summer Energy Holdings, Inc. (OTCMKTS:SUME) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 4,500 shares, an increase of 45.2% from the September 15th total of 3,100 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 1.4 days.

Summer Energy Price Performance

Shares of Summer Energy stock remained flat at $0.44 on Monday. The firm has a 50-day simple moving average of $0.47 and a 200 day simple moving average of $0.49. Summer Energy has a 12-month low of $0.19 and a 12-month high of $0.99.

Summer Energy Company Profile

Summer Energy Holdings, Inc, through its subsidiaries, operates as a retail electric provider in Texas, Massachusetts, New Hampshire, Ohio, and Illinois. It procures wholesale energy and resells to commercial and residential customers. The company was founded in 2011 and is headquartered in Houston, Texas.