Short Interest in Applied Energetics, Inc. (OTCMKTS:AERG) Rises By 8.0%

Applied Energetics, Inc. (OTCMKTS:AERG) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 759,100 shares, an increase of 8.0% from the October 15th total of 703,100 shares. Based on an average daily volume of 147,400 shares, the days-to-cover ratio is currently 5.1 days.

Applied Energetics Stock Performance

Shares of OTCMKTS AERG opened at $0.87 on Monday. The stock has a fifty day moving average price of $0.86 and a two-hundred day moving average price of $1.27. The firm has a market cap of $186.03 million, a P/E ratio of -29.00 and a beta of 0.29. Applied Energetics has a 1 year low of $0.43 and a 1 year high of $2.41.

About Applied Energetics

Applied Energetics, Inc engages in the provision of advanced optical technologies and ultrashort pulse directed energy solutions utilizing dual-use laser and optical technologies to defense, national security, industrial, biomedical, and scientific customers worldwide. It develops and holds various intellectual property rights such as laser guided energy and laser induced plasma channel technology for used in high-tech directed energy systems.