ADS-TEC Energy PLC (NASDAQ:ADSEW) Sees Significant Decline in Short Interest

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 1,200 shares, a decrease of 14.3% from the July 15th total of 1,400 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is currently 0.2 days.

ADS-TEC Energy Stock Performance

Shares of NASDAQ ADSEW opened at $2.55 on Monday. The business’s 50 day moving average is $2.24 and its 200-day moving average is $2.03. ADS-TEC Energy has a 1-year low of $0.45 and a 1-year high of $2.71.

ADS-TEC Energy Company Profile

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.