Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Drops By 27.1%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totalling 17,500 shares, a decline of 27.1% from the June 15th total of 24,000 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is presently 1.9 days.

ADS-TEC Energy Price Performance

Shares of ADSEW opened at $1.88 on Friday. ADS-TEC Energy has a 12-month low of $0.39 and a 12-month high of $2.71. The firm has a 50-day moving average price of $2.19 and a 200 day moving average price of $1.75.

About ADS-TEC Energy

ADS-TEC Energy PLC engages in the provision of intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for Electric Vehicles (EVs) on power limited grids; and energy storage and management solutions for commercial and industrial, and residential sector coupling applications.