ADS-TEC Energy PLC (NASDAQ:ADSEW) Short Interest Down 92.0% in July

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 1,400 shares, a decline of 92.0% from the June 30th total of 17,500 shares. Based on an average daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 0.2 days.

ADS-TEC Energy Stock Performance

Shares of ADS-TEC Energy stock traded up $0.06 during trading on Thursday, reaching $2.30. The company’s stock had a trading volume of 8,593 shares, compared to its average volume of 9,679. The stock has a 50-day moving average price of $2.17 and a two-hundred day moving average price of $1.84. ADS-TEC Energy has a one year low of $0.39 and a one year high of $2.71.

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.