Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Increases By 215.4%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,100 shares, a growth of 215.4% from the December 15th total of 1,300 shares. Based on an average daily volume of 30,400 shares, the days-to-cover ratio is currently 0.1 days.

ADS-TEC Energy Stock Performance

NASDAQ:ADSEW opened at $3.90 on Thursday. The company’s 50-day simple moving average is $3.45 and its 200-day simple moving average is $2.86. ADS-TEC Energy has a fifty-two week low of $0.75 and a fifty-two week high of $4.59.

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.