ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 294 shares, a decrease of 79.7% from the June 15th total of 1,448 shares. Based on an average trading volume of 15,974 shares, the short-interest ratio is presently 0.0 days.
ADS-TEC Energy Trading Up 8.9%
Shares of NASDAQ ADSEW traded up $0.05 during mid-day trading on Friday, hitting $0.60. 593 shares of the stock traded hands, compared to its average volume of 15,347. ADS-TEC Energy has a 52 week low of $0.33 and a 52 week high of $1.97. The stock has a fifty day moving average price of $0.51 and a 200-day moving average price of $0.66.
About ADS-TEC Energy
ADS-TEC Energy (NASDAQ: ADSEW) is a Germany-based energy technology company specializing in advanced lithium-ion battery systems for stationary energy storage and ultrafast electric vehicle (EV) charging. The company develops, manufactures and supplies modular, scalable energy storage solutions designed to stabilize power grids, support renewable integration and secure backup power for commercial, industrial and utility customers. Its signature product lines include containerized storage units for megawatt-scale applications and compact, rack-mountable modules for distributed energy resources.
In its fast-charging business, ADS-TEC Energy’s ultrafast charging stations leverage high-power battery buffers that reduce grid stress and enable short-duration, high-throughput EV charging.
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