Advent Technologies Holdings, Inc. (NASDAQ:ADN) Short Interest Update

Advent Technologies Holdings, Inc. (NASDAQ:ADN) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 27,500 shares, a decrease of 19.1% from the August 31st total of 34,000 shares. Currently, 1.3% of the company’s stock are sold short. Based on an average daily trading volume, of 27,300 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Advent Technologies

A hedge fund recently bought a new stake in Advent Technologies stock. Mirae Asset Global Investments Co. Ltd. bought a new position in Advent Technologies Holdings, Inc. (NASDAQ:ADN) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 355,687 shares of the company’s stock, valued at approximately $64,000. Mirae Asset Global Investments Co. Ltd. owned approximately 0.57% of Advent Technologies at the end of the most recent quarter. 17.52% of the stock is currently owned by institutional investors and hedge funds.

Advent Technologies Stock Up 6.6 %

Advent Technologies stock opened at $2.10 on Friday. The company has a market capitalization of $5.54 million, a P/E ratio of -0.04 and a beta of 0.15. The stock’s 50 day moving average is $3.13 and its 200 day moving average is $12.61. Advent Technologies has a twelve month low of $1.86 and a twelve month high of $18.90.

Advent Technologies (NASDAQ:ADN) last posted its earnings results on Tuesday, August 20th. The company reported ($10.32) EPS for the quarter. The business had revenue of $1.51 million during the quarter. Advent Technologies had a negative return on equity of 165.25% and a negative net margin of 1,469.38%.

About Advent Technologies

Advent Technologies Holdings, Inc, an advanced materials and technology development company, operates in the fuel cell and hydrogen technology markets in North America, Europe, and Asia. It develops, manufactures, and assembles fuel cell systems and critical components that determine the performance of hydrogen fuel cells and other energy systems.