Short Interest in ADS-TEC Energy PLC (NASDAQ:ADSEW) Decreases By 24.9%

ADS-TEC Energy PLC (NASDAQ:ADSEW) was the target of a significant decline in short interest in April. As of April 15th, there was short interest totalling 37,700 shares, a decline of 24.9% from the March 31st total of 50,200 shares. Based on an average daily volume of 6,800 shares, the short-interest ratio is currently 5.5 days.

ADS-TEC Energy Stock Performance

ADSEW opened at $2.31 on Monday. The firm’s 50-day moving average price is $1.95 and its 200 day moving average price is $1.19. ADS-TEC Energy has a twelve month low of $0.13 and a twelve month high of $2.40.

About ADS-TEC Energy

ADS-TEC Energy PLC provide intelligent and decentralized energy storage systems in Europe and North America. Its portfolio of ecosystem platforms provides DC-based ultra-fast chargers for EVs on power limited grids, energy storage and management solutions for commercial and industrial applications, and energy storage and management solutions for residential sector coupling applications.