Short Interest in Anaergia Inc. (OTCMKTS:ANRGF) Rises By 163.6%

Anaergia Inc. (OTCMKTS:ANRGF) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 171,017 shares, a growth of 163.6% from the April 30th total of 64,882 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 20,233 shares, the days-to-cover ratio is currently 8.5 days.

Anaergia Price Performance

OTCMKTS:ANRGF opened at $2.10 on Monday. The firm has a market capitalization of $59.31 million, a price-to-earnings ratio of -7.50 and a beta of 2.43. The company’s 50-day moving average is $2.14 and its two-hundred day moving average is $1.86. Anaergia has a 1-year low of $0.90 and a 1-year high of $4.28.

About Anaergia

Anaergia Inc (OTCMKTS: ANRGF) is a Canadian-based provider of advanced waste-to-value and resource recovery solutions. Headquartered in Oakville, Ontario, the company specializes in the design, engineering, procurement and construction of integrated systems that convert organic waste and wastewater feedstocks into renewable energy, bio-fertilizers, recycled water and other high-value byproducts. Leveraging proprietary technologies in anaerobic digestion, thermal hydrolysis, membrane filtration and nutrient recovery, Anaergia’s offerings enable municipal and industrial clients to reduce their environmental footprint while generating sustainable revenue streams.

Since its founding in 2008 under the name Davis Clean Tech and subsequent rebranding as Anaergia, the company has expanded its global footprint with projects across North America, Europe, Asia and Australia.