ADS-TEC Energy PLC (NASDAQ:ADSE) Short Interest Update

ADS-TEC Energy PLC (NASDAQ:ADSE) saw a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 84,728 shares, a decrease of 24.7% from the December 15th total of 112,543 shares. Based on an average trading volume of 42,452 shares, the short-interest ratio is presently 2.0 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 42,452 shares, the short-interest ratio is presently 2.0 days.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ADSE. Wall Street Zen raised ADS-TEC Energy from a “sell” rating to a “hold” rating in a research report on Friday, September 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of ADS-TEC Energy in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ADS-TEC Energy currently has an average rating of “Moderate Buy”.

ADS-TEC Energy Price Performance

Shares of NASDAQ:ADSE opened at $12.43 on Tuesday. ADS-TEC Energy has a 12-month low of $7.89 and a 12-month high of $16.35. The business has a 50 day moving average of $11.88 and a two-hundred day moving average of $11.29.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ADSE. BNP Paribas Financial Markets increased its stake in ADS-TEC Energy by 1,205.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,611 shares of the company’s stock worth $31,000 after buying an additional 2,411 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of ADS-TEC Energy during the fourth quarter worth approximately $53,000. Simplex Trading LLC acquired a new position in ADS-TEC Energy in the 2nd quarter valued at $83,000. JPMorgan Chase & Co. lifted its holdings in ADS-TEC Energy by 33.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 12,552 shares of the company’s stock valued at $173,000 after purchasing an additional 3,133 shares in the last quarter. Finally, First Trust Advisors LP lifted its holdings in ADS-TEC Energy by 2.4% in the 2nd quarter. First Trust Advisors LP now owns 136,682 shares of the company’s stock valued at $1,886,000 after purchasing an additional 3,183 shares in the last quarter. Hedge funds and other institutional investors own 51.65% of the company’s stock.

ADS-TEC Energy Company Profile

ADS-TEC Energy GmbH is a Germany-based developer of advanced energy storage systems and high-power electric vehicle (EV) charging solutions. Founded in 2009, the company specializes in modular, scalable battery technologies designed to enhance grid stability and support the integration of renewable energy sources through its patented Prism storage cell technology.

ADS-TEC Energy’s product range includes turnkey containerized storage units, Smart Batteries with integrated energy management, and high-speed charging stations equipped with onboard energy buffers.