ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 11,296 shares, an increase of 2,986.3% from the September 30th total of 366 shares. Based on an average daily volume of 34,941 shares, the days-to-cover ratio is presently 0.3 days.
ADS-TEC Energy Price Performance
ADSEW traded up $0.01 during trading on Monday, hitting $0.18. The stock had a trading volume of 108,155 shares, compared to its average volume of 17,086. The stock has a 50 day simple moving average of $0.34 and a two-hundred day simple moving average of $0.46. ADS-TEC Energy has a twelve month low of $0.13 and a twelve month high of $1.37.
About ADS-TEC Energy
ADS-TEC Energy plc is a technology company focused on battery-based energy storage and electric vehicle charging infrastructure. Through its subsidiaries, the company develops systems designed to support fast and ultra-fast charging in locations where the local power grid may not have sufficient capacity for conventional high-power charging equipment.
Its product portfolio includes the ChargePost, a battery-buffered charging system that combines energy storage, high-power charging and grid services, and the ChargeBox, a compact charging and storage solution.
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