ADS-TEC Energy PLC (NASDAQ:ADSE) Sees Large Increase in Short Interest

ADS-TEC Energy PLC (NASDAQ:ADSE) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 93,500 shares, a growth of 8.8% from the August 31st total of 85,900 shares. Based on an average trading volume of 93,600 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On ADS-TEC Energy

An institutional investor recently bought a new position in ADS-TEC Energy stock. Crewe Advisors LLC bought a new stake in shares of ADS-TEC Energy PLC (NASDAQ:ADSE) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 14,200 shares of the company’s stock, valued at approximately $149,000. 51.65% of the stock is owned by institutional investors and hedge funds.

ADS-TEC Energy Trading Up 3.2 %

NASDAQ:ADSE opened at $13.10 on Monday. The stock has a 50-day moving average price of $12.49 and a 200 day moving average price of $11.60. ADS-TEC Energy has a 12-month low of $5.81 and a 12-month high of $13.59.

About ADS-TEC Energy

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