ADS-TEC Energy PLC (NASDAQ:ADSEW – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 11,296 shares, a growth 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 Trading Up 5.9%
Shares of NASDAQ ADSEW traded up $0.01 during midday trading on Monday, reaching $0.18. The company had a trading volume of 108,155 shares, compared to its average volume of 17,086. ADS-TEC Energy has a 1 year low of $0.13 and a 1 year high of $1.37. The business’s 50-day simple moving average is $0.34 and its 200 day simple moving average is $0.46.
ADS-TEC Energy Company Profile
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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