Short Interest in AFC Energy plc (OTCMKTS:AFGYF) Grows By 7.3%

AFC Energy plc (OTCMKTS:AFGYF) was the target of a large increase in short interest in March. As of March 31st, there was short interest totalling 4,091,800 shares, an increase of 7.3% from the March 15th total of 3,814,600 shares. Based on an average daily trading volume, of 1,900 shares, the short-interest ratio is currently 2,153.6 days.

AFC Energy Stock Performance

Shares of AFC Energy stock opened at $0.22 on Wednesday. The company has a fifty day simple moving average of $0.22 and a 200-day simple moving average of $0.21. AFC Energy has a 12-month low of $0.15 and a 12-month high of $0.29.

AFC Energy Company Profile

AFC Energy plc engages in the development of fuel cell and fuel processing technology and allied equipment in the United Kingdom. The company provides S series air cooled fuel cell generator modules, H-Power Tower, a S series fuel cell generator, and L series fuel cell generators. It is also developing S+ series fuel cell generator modules; S+ series fuel cell generator power cubes; power from ammonia and methanol solutions, which are integrated flexible fueling alternatives; and ammonia cracker, a technology to convert carrier fuel ammonia into hydrogen.