Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Rises By 215.4%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 4,100 shares, an increase of 215.4% from the December 31st total of 1,300 shares. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is presently 0.1 days.

ADS-TEC Energy Stock Performance

Shares of ADS-TEC Energy stock opened at $4.50 on Thursday. The stock has a fifty day simple moving average of $3.64 and a 200 day simple moving average of $3.00. ADS-TEC Energy has a 12-month low of $0.75 and a 12-month high of $4.86.

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.