Tecogen Inc. (OTCMKTS:TGEN) Short Interest Down 76.5% in March

Tecogen Inc. (OTCMKTS:TGEN) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,600 shares, a drop of 76.5% from the February 28th total of 6,800 shares. Based on an average daily volume of 514,300 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Tecogen Price Performance

Tecogen stock opened at $2.27 on Friday. The business has a 50 day simple moving average of $2.43 and a 200 day simple moving average of $1.65. Tecogen has a one year low of $0.59 and a one year high of $3.40. The company has a market capitalization of $56.72 million, a PE ratio of -10.81 and a beta of 1.05. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.70.

Tecogen (OTCMKTS:TGEN) last issued its earnings results on Monday, March 17th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $6.08 million during the quarter. Tecogen had a negative net margin of 24.15% and a negative return on equity of 42.06%.

About Tecogen

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.