Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Drops By 23.4%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 25,600 shares, a decline of 23.4% from the May 15th total of 33,400 shares. Based on an average daily volume of 9,300 shares, the short-interest ratio is presently 2.8 days.

ADS-TEC Energy Trading Up 5.3 %

ADSEW opened at $2.00 on Friday. ADS-TEC Energy has a one year low of $0.39 and a one year high of $2.71. The business’s 50-day simple moving average is $2.22 and its 200-day simple moving average is $1.55.

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.