Advent Technologies Holdings, Inc. (NASDAQ:ADN) Sees Large Decline in Short Interest

Advent Technologies Holdings, Inc. (NASDAQ:ADN) was the recipient of a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 135,800 shares, a decrease of 6.9% from the November 15th total of 145,900 shares. Currently, 6.2% of the shares of the stock are short sold. Based on an average daily volume of 1,180,000 shares, the short-interest ratio is currently 0.1 days.

Advent Technologies Stock Performance

Shares of ADN opened at $5.67 on Tuesday. Advent Technologies has a 52-week low of $1.71 and a 52-week high of $10.15. The firm has a market cap of $14.95 million, a price-to-earnings ratio of -0.22 and a beta of 0.43. The business’s fifty day moving average is $4.22 and its 200-day moving average is $3.55.

Advent Technologies (NASDAQ:ADN) last issued its earnings results on Tuesday, October 15th. The company reported ($4.28) EPS for the quarter. The business had revenue of $0.81 million for the quarter. Advent Technologies had a negative return on equity of 442.47% and a negative net margin of 828.45%.

Advent Technologies Company Profile

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.