ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 466 shares, an increase of 81.3% from the April 30th total of 257 shares. Based on an average daily volume of 6,058 shares, the days-to-cover ratio is currently 0.1 days.
ADS-TEC Energy Trading Up 19.4%
Shares of NASDAQ ADSEW opened at $0.57 on Tuesday. The firm has a 50-day simple moving average of $0.53 and a 200-day simple moving average of $0.73. ADS-TEC Energy has a 52 week low of $0.40 and a 52 week high of $2.77.
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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